Ahmedabad : If you carried the notion that personal tax and investment planning could be undertaken only through frequent and expensive consultations of a tax expert, you are bound to change your opinion after going through this book Save Tax The Smart Way'.

Authored by tax expert Mukesh Patel with his son Jigar, the book will be released on Aug 9 at Ahmedabad Management Association (AMA) by vice president of Income-tax Appellate Tribunal, GD Agarwal.

The book stands out for its jargon-free presentation, lucid style and logical approach and reads more like a chat from your friendly neighbourhood tax advisor.

Patel, who has penned more than 2,600 articles in the last three decades on tax planning, has before this written four books in English Tax Planning via Planning of Investments,' Axe your Tax & Relax,' Practical Tax & Investment Planning' and Smart Strategies for Tax Saving.'

The thematic presentation of the book covers a spectrum of tax saving ideas relating to income, wealth, gifts and investments. There is so much in store for the reader, ranging from planning a zero-tax pay package, a bouquet of exemptions for retirement benefits, incentives for housing and property income, to axe tax and relax, skilful planning via will and investment designs.

The book also provides valuable understanding and insight into using HUFs and discretionary trusts to your tax advantage, creating lawful routes for scrubbing the clubbing provisions and achieving major tax savings for your minor's income.