Students Handbook on Money landering is a classic piece of information for the students learning accounting and taxation. Many times the students are acting upon the instructions of the clients to save the tax, without actually knowing that these tax planning schemes may result into the facilitation of money laundering. It is not about changing the colour of the money any more. The process of money laundering involves planning for various financial aspects of the money laundering schemes. One of the most significant aspect of this book is the methods of generating the black money which elaborates how the accountants help in generating the black money and then many professionals including the bankers help to convert this black money to white. Once introduced in the banks this money becomes available for movement all across the world.Though KYC is one of the most significant aspect of prevention of money laundering, the process of laundering has evolved a lot and now the money laundering can be done through various transactions including the real estate transactions, Share market transactions and also through the purchase of gold and diamonds.