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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Determination of value of assets

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Full Text of the Document

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.... pursuance to a reference made under sub-section (1), the Valuation Officer shall, for the purpose of estimating the value of the asset, investment or expenditure, and subject to the rules in this behalf, have all the powers to     (a) enter any land, building or other place belonging to, or occupied by, the person in connection with whose assessment the reference has been made; ....

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Full Text of the Document

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.... the asset, investment or expenditure after taking into account,-     (a) such evidence as the assessee may produce; and     (b) the material in his possession, in respect of which an opportunity of being heard has been provided to the assessee. (4) The Valuation Officer may estimate the value of the asset, investment or expenditure to the best of his judgeme....

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Determination of value of assets