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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Loan taken from parents

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....oan taken from parents Query (Issue) Started By: - vignesh VSACCOUNTOPRIVATELIMITED Dated:- 11-9-2022 Last Reply Date:- 22-9-2022 Income Tax Got 1 Reply Income Tax sir, client has taken a....

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.... loan from parents and on demise of the parents , loan was treated as capital receipt . now notice received to treat the same as profit and chargeable under income from other sources! i need guidance ....

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....on the issue, kindly clarrify Reply By DR.MARIAPPAN GOVINDARAJAN: The Reply: Whether you can send the notice of the Department and also the facts of the loan taken, time etc. to my email id govind.a....

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Loan taken from parents