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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Various tax issues: Foreign Exchange Gain, Deduction u/s 10B, MAT computation, Leave Encashment, 14A r.w.r. 8D, TP Adjustment, Weighted deduction u/s 35(2AB).

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....The ITAT Ahmedabad ruled on various tax issues. It upheld that Foreign Exchange Fluctuation Gain is capital in nature. Deduction u/s 10B was denied as sales consideration wasn't received timely. MAT computation didn't require adding back provision for bad debts. Leave encashment deduction was disallowed u/s 43B. Disallowance u/s 14A r.w.r. 8D was confirmed based on partnership firm investments. TP Adjustment for Corporate Guarantee was upheld. Weighted deduction u/s 35(2AB) was allowed as DSIR certification wasn't mandatory for in-house R&D expenses. The assessee succeeded in its appeal.....

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Various tax issues: Foreign Exchange Gain, Deduction u/s 10B, MAT computation, Leave Encashment, 14A r.w.r. 8D, TP Adjustment, Weighted deduction u/s 35(2AB).