Einstein’s Theory of Special Relativity has received much criticism and doubts on its theoretical bases. In this paper, a detailed analysis on Lorentz Transformation is produced. The fatal errors occurred in derivation of Lorentz Transformation are the mistakes made in proposed system of equations for deriving Lorentz Transformation ,where in the same one system of simultaneous equations had been introduced equations defined in two different Space-Time, i.e. Galilean Space-Time with ‘absolute time’ and Minkowski Space-Time with ‘relative time’, which in result make Lorentz Transformation being ‘Identical Transformation’ , defined only in Minkowski Space-Time and untenable in Galiliean Space-Time, and thus leading Lorentz Transformation to be physically meaningless. Lorentz Transformation depicts the ‘World Line’ in Minkowski Space-Time and describes mathematically an observing process of two relatively rest observers instead of two relatively moving observers. In addition, in this article two relevant Laws, namely, (1) Law of Light Propagation and (2) Law of Motion Observation, are firstly put forward by author. They would be the fundamental laws in Motion Observation Theory. In this article, Galilean-Zhou Transformation is logically and accurately deduced, utilizing both of these two Laws.