Generate professional replies to Show Cause Notices, assessment orders, audit objections, and other legal communications using TaxTMI's AI Drafter.
Step 1 – Issue Identification & Review
The AI analyses your query, notice, order, or uploaded documents and identifies the key issues involved.
• Review the issues identified by the AI • Add, edit, remove, or refine issues as required
Step 2 – Draft Generation
Once you approve the issues, the AI performs issue-wise legal research and prepares a structured draft response.
• Relevant statutory provisions • Judicial precedents and Supreme Court, High Court and other citations • Issue-wise legal analysis • Practical arguments and supporting content • Professionally structured draft ready for further review.
Time of supply rules determine whether invoice or payment fixes tax liability after a change in tax rate. Change in tax rate determines the time of supply by reference to invoice issuance and receipt of payment. If supply precedes the rate change, the time of supply is the earlier of invoice date or payment date where both occur after the change; otherwise the invoice date or payment date applies depending on which occurred first. If supply follows the rate change, parallel rules assign time of supply to payment date or invoice date according to their sequence. Receipt is treated as the date of bank credit when credit arises after a brief banking interval, and 'date of receipt of payment' means the earlier of books entry or bank credit.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Time of supply rules determine whether invoice or payment fixes tax liability after a change in tax rate.
Change in tax rate determines the time of supply by reference to invoice issuance and receipt of payment. If supply precedes the rate change, the time of supply is the earlier of invoice date or payment date where both occur after the change; otherwise the invoice date or payment date applies depending on which occurred first. If supply follows the rate change, parallel rules assign time of supply to payment date or invoice date according to their sequence. Receipt is treated as the date of bank credit when credit arises after a brief banking interval, and "date of receipt of payment" means the earlier of books entry or bank credit.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
AI Drafter ✕
TaxTMI 
TaxTMI 
