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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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Records of Excise Document

SURYAKANT MITHBAVKAR

Please give us period for keep excise record like Document & Books as per Excise Act.

Record retention for excise: records must be preserved for five years from the end of the relevant financial year. All documents and books relating to excise must be preserved for a period of five years, counted from immediately after the financial year to which the records pertain; for example, records for financial year 2006-2007 must be retained until 31 March 2012. (AI Summary)
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YAGAY andSUN on May 10, 2012

Simply, the records have to be preserved for 5 years.

NEERAJ KUMAR, RANCHI on May 10, 2012

yes for five years.

Mahir S on May 12, 2012

Yes, It is the statutory requirement that all records shall be preserved for a period of at least 5 years starting immediately after the financial year to which such records pertains.

For e.g. records for financial year 2006-2007 shall be preserved till 31st March 2012.

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