TaxAI

What is TaxAI?

TaxAI is an AI-powered research assistant designed for tax, law, and compliance professionals. It provides accurate, source-backed answers in seconds, covering various laws such as Income Tax, GST, SEBI, IBC, and FEMA. TaxAI ensures that every answer cites the relevant section, proviso, or schedule from the Income Tax Act, 1961 (Amended 2025), making it a reliable tool for professionals who need precise and verifiable information.

Benefits

TaxAI offers several key advantages over generic AI tools:

• Accurate Answers: TaxAI provides precise answers that are grounded in the law, ensuring reliability and accuracy.
• Instant Retrieval: Users can get answers in seconds, making it a time-saving tool for busy professionals.
• Zero Hallucinations: Unlike generic AI tools, TaxAI does not guess or hallucinate answers. It always cites the correct law and pinpoints the exact page for verification.
• Up-to-Date Information: TaxAI is aligned with the 2025 amendments to the Income Tax Act, ensuring that users have access to the most current information.

Use Cases

TaxAI is beneficial for a variety of professionals:

• Practicing CAs: TaxAI provides fast, citable answers from the Income-tax Act, 1961 to support filings and client work.
• Advisory Teams: It offers precise, source-linked research to strengthen tax opinions and recommendations.
• In-house Finance Teams: TaxAI provides authoritative answers that help standardize compliance interpretation across teams.
• Compliance Professionals: It offers instant, clause-level references to reduce risk and ensure regulatory accuracy.

How It Works

Using TaxAI is simple. Users can ask their tax questions in plain English without needing to use legal jargon. The AI interprets the question and finds the right section of the law to provide an accurate answer. This process ensures that users get the information they need quickly and easily.

What’s Next (Coverage Roadmap)

TaxAI is continually expanding its coverage. Currently, it covers the Income Tax Act, 1961 (Amended 2025). Future updates will include:

• Rules (e.g., when the Act says “as prescribed”)
• Case Laws (Supreme Court, High Courts, Tribunals)
• Circulars & Notifications (CBDT)
• Expert Commentaries (context alongside the Act)

Vibes

TaxAI has been well-received by professionals who need reliable and accurate tax information. Users appreciate the tool’s ability to provide instant, citable answers that are grounded in the law. The platform’s commitment to accuracy and up-to-date information has made it a valuable resource for tax professionals.

Additional Information

TaxAI is designed specifically for tax professionals and is not a generic AI tool. It is built to provide accurate, source-backed answers that professionals can trust. The platform’s focus on reliability and accuracy sets it apart from other AI tools that may provide incorrect or hallucinated information.

For those interested in staying updated on new laws and features, TaxAI offers a way to enter their email to receive updates. Additionally, users can provide feedback and help shape the future of TaxAI by joining a call and sharing their ideas.