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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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Computation of net wealth

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Full Text of the Document

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....ce with the provisions of sub-section (3); B = the aggregate of the value on the valuation date, of all the debts, owed by the person, which have been incurred in relation to the said assets. (2)  The assets referred to in sub-section (1) shall not include the following:-     (a) any property held by the person under trust, or other legal obligation, for carrying....

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Full Text of the Document

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.... Central Government before the commencement of this Code; or        (ii) by the Board at the time of his first assessment to wealth-tax under the Wealth-tax Act, 1957;     (e) the value of the assets located outside India if, during the financial year ending on the valuation date, the person is,-        (i) an indi....

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