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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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Loans from SBH & PNB, Rs. 5 cr transferred to Tripoli Mgmt; interest deduction allowed on Rs. 5 cr loan from 20/06/2016 to 31/03/2017.

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Full Text of the Document

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....Nexus between loans taken from SBH and PNB initially advanced to Nandan Corporation and subsequently transferred Rs. 5 crore from Nandan Corporation to Tripoli Management on 20/06/2016 established. Assessee entitled to claim Rs. 36,58,096/- deduction for interest payment on Rs. 5 crore loan from 20/06/2016 to 31/03/2017 subject to AO's verification. Disallowance of interest claim on LIC policy loan upheld. Appeal partly allowed.....

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