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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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Calculation of input tax credit to be carried forward on closing stock - Amendment in section 9(1) of the DVAT Act, 2004

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....arried forward on closing stock - Amendment in section 9(1) of the DVAT Act, 2004 1. The amendment in section 9(1) of the DVAT Act, 2004 has been made effective from 01.04.2010 vide which a dealer who is registered or is required to be registered under this Act shall be entitled to a tax credit in respect of the turnover of the purchases occurring during the tax period to the extent of proportio....

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Full Text of the Document

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....the input tax credit to be carried forward on closing stock shall be fair and reasonable. (i) It is further specified in the same section that:- "Provided that Commissioner may (a) after giving reasons in writing, reject the method adopted by the dealer and calculate the amount of tax credit: and (b) prescribe methods for calculation the amount of tax credit or the amount of any adjustment and....

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