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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Distribution of capital asset on total or partial partition of HUF - (New) Section 70(1)(a) / (Old) Section 47(i)

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....regarded as transfer Transferor Transferee Capital asset What is the cost in the hands of transferee  [under section 73(1)(table Sl.no. 1)] Period of Holding (PoH) 70(1)(a) Distribution of capital asset on total or partial partition of HUF HUF Any person (member of HUF) Any capital asset define u/s 2(22)  The cost for which the previous owner....

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Distribution of capital asset on total or partial partition of HUF - (New) Section 70(1)(a) / (Old) Section 47(i)