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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DEPB - Mercantile or Actual

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....EPB - Mercantile or Actual Query (Issue) Started By: - VIRENDER PANDEY Dated:- 15-9-2009 Last Reply Date:- 22-2-2011 Central Excise Got 1 Reply Central Excise Whether amount of Duty Drawb....

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....ack recd. during the Financial Year will be included in the Gross Turnover for the purposes Tax Audit under the Income Tax Act? And Whether the DEPB is also to be recorded on mercantile basis or shoul....

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....d be recorded only when recd. in actual? Reply By Rama Krishana: The Reply: DEPB is a business income and falling under section 28. Therefore, it is the part of gross turnvover for the purpose of ta....

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....x audit u/s 44AB. Discussion Forum - Knowledge Sharing ....

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DEPB - Mercantile or Actual