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AI Drafter

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.

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Gross profit issue on tnvat act

THYAGARAJAN KALYANASUNDARAM
Dear experts,one of my customers are selling their goods as per their policy more than 20% gross profit. However the authority concern working out g.p. 10% and difference he was treated as suppression of purchase and ultimately he passed the order and demand was raised.Can anyone share case laws relates to defend this issue very urgently.with regards,K. Thyagarajan.
Gross profit assessment: challenge to presumptive lower GP rate treated as suppression of purchases, seek precedents to rebut it. Assessing authority applied a lower presumptive gross profit rate and treated the disparity as suppression of purchase, issuing a demand; the core contest is whether the dealer's higher recorded gross profit and supporting records can rebut the presumptive assessment and the burden of proof for alleged suppression. (AI Summary)
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Ravikumar muthusamy on Jun 28, 2015

dear sir

pls share the order copy as we are also showing sales t.o at 50%

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