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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Public Deposits - Repayment Treatment of repayment of loans secured by mortgage of assets Earlier excluded from definition of deposits but are included now

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....:- 11-11-1976 Circular<br>Companies Law<br>Letter : No. 1/101/75‑CL-XIV, dated 11‑11‑1976. Public Deposits - Repayment ‑ Treatment of repayment of loans secured by mortgage of....

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....n of "deposit". Answer : The amounts referred to in the first proviso to sub‑para (2) of para 3 of the Directions, were "deposits" within the meaning of para 2(f) though allowed to be accepted ....

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Public Deposits - Repayment Treatment of repayment of loans secured by mortgage of assets Earlier excluded from definition of deposits but are included now