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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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Value of Assets Seized in Searches Conducted by Income Tax Department Stood at Rs. 905.61 Crore in 2011-12.

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....alue of Assets Seized in Searches Conducted by Income Tax Department Stood at Rs. 905.61 Crore in 2011-12. <br>News and Press Release<br>Dated:- 8-5-2012<br><BR>Press Information Bureau Government of....

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.... India Ministry of Finance 08-May-2012 18:54 IST Value of Assets Seized in Searches Conducted by Income Tax Department Stood at Rs. 905.61 Crore in 2011-12 The Government has received a number of ....

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....cases of information relating to remittances, payments and money held in foreign bank accounts etc. under the provisions of the DTAAs/TIEAs. Every reliable information, including information received ....

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....from outside the country, is verified according to the provision of Direct Tax laws and action is taken to bring undisclosed amounts to taxation. Penalties are levied in cases of concealment. In appro....

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....priate cases, prosecution proceedings are initiated. No scheme is presently under consideration of the Government. However, the Income Tax Department takes constant action against tax evasion includi....

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....ng tax scrutiny, surveys, search and seizure under the Direct Tax laws. The value of assets seized in searches conducted by the Income Tax Department in the last two financial years are as follows: ....

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....Financial Year Value of Assets Seized (Rs. Crores) 2010-11 774.98 2011-12 905.61 This information was given by the Minister of State for Finance, Shri S.S. Palanimanickam in written reply to a ques....

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....tion in Rajya Sabha today. * * * DSM/Hb<BR> News - Press release - PIB....

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