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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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Set off of Debtors and Creditors

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....et off of Debtors and Creditors<br> Query (Issue) Started By: - Jitendra Sahu Dated:- 19-9-2020 Last Reply Date:- 18-10-2020 Accounting - Auditing<br>Got 1 Reply<br>Companies Law<br>Dear Seniors and C....

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....olleague I need your advice on Creditors/Debtors balance adjustment without payment.. 1. Our creditors are agree to give Credit note to waive off all the outstanding without any GST effect means &quo....

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....t;Financial Credit Note&quot; 2. Similarity our debtors are also not in a position to pay and we accept to issue Credit Note from our Side without any GST effect means &quot; Financial Credit Note.&q....

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....uot; What should precautions we have to take and what type of documentation we have to maintain for that. Please suggest with refering some laws. Reply By YAGAY andSUN: The Reply: These types of t....

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....ransactions are allowed in Income Tax Act, GST Laws but under the provisions of GST Laws on interconnected units if such book adjustment is done, then on such books adjustments GST at applicable rate ....

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....will be applicable.<br> Discussion Forum - Knowledge Sharing ....