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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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2018 (5) TMI 1779

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Full Text of the Document

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....urt :-   Three grounds have been urged by the Revenue in seeking to assail the order of the Appellate Tribunal. The first ground is that the principal income of the respondent assessee is from speculation business and, as such, certain losses could not be set off otherwise than against gains from the same business. It was found, as a matter of fact, that more than 50 per cent of the busine....