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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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Amendment of section 49.

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....t, after sub-section (2AF), the following shall be inserted, namely:-- '(2AG) The cost of acquisition of a unit or units in the segregated portfolio shall be the amount which bears, to the co....

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Full Text of the Document

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....deemed to have been reduced by the amount as so arrived at under sub-section (2AG). Explanation.--For the purposes of sub-section (2AG) and sub-section (2AH), the expressions "main portfolio"....

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