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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Allotment - Return of Shares allotted by a company to a person in lieu of a genuine debt due to him Whether in compliance with provisions of the section

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....in lieu of a genuine debt due to him ‑ Whether in compliance with provisions of the section The views conveyed in Department's Circular Letter No. 8/4(75)/69‑CL-V, dated 18‑11‑1969 have since been re‑examined. The Department is now of the view that the allotment of shares by a company to a person in lieu of a genuine debt due towards him is in perfect compliance with....

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Allotment - Return of Shares allotted by a company to a person in lieu of a genuine debt due to him Whether in compliance with provisions of the section