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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Capital gains

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....ons, include the following,-     (a) income from the transfer referred to in clause (c) or clause (d) of sub-section (1) of section 45, if,-        (i) the parent company, or its nominee, ceases to hold the whole of the share capital of the subsidiary company; or        (ii) the investment asset is converted by the....

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....   C = the net consideration as a result of the transfer of original investment asset; and (d) the amount of deposit referred to in sub-section (5) of section 53 to the extent determined in accordance with the formula- A X B / C Where A = = amount of deduction claimed under section 53;   B = the balance in the account referred to in sub-section (5....

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Capital gains