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.
Related party transactions: new threshold-based special resolution and enhanced disclosure requirements govern approvals and reporting. Rule changes set quantitative thresholds triggering special-resolution approval for related party transactions under section 188: specified limits based on turnover or net worth and monetary caps apply to sale/purchase/supply, property transfers, leasing and services; limits run per transaction and in aggregate during the financial year. Appointment to office or place of profit and underwriting remuneration above prescribed limits also require special resolution. Turnover and net worth are to be computed from the audited financials of the preceding year. Wholly owned subsidiary transactions may be approved by the holding company's special resolution. Required explanatory statement particulars are listed.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Related party transactions: new threshold-based special resolution and enhanced disclosure requirements govern approvals and reporting.
Rule changes set quantitative thresholds triggering special-resolution approval for related party transactions under section 188: specified limits based on turnover or net worth and monetary caps apply to sale/purchase/supply, property transfers, leasing and services; limits run per transaction and in aggregate during the financial year. Appointment to office or place of profit and underwriting remuneration above prescribed limits also require special resolution. Turnover and net worth are to be computed from the audited financials of the preceding year. Wholly owned subsidiary transactions may be approved by the holding company's special resolution. Required explanatory statement particulars are listed.
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