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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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Forward contracts – Investments of Non-Residents in Indian companies

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Full Text of the Document

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....Investments of Non-Residents in Indian companies Attention of Authorised Dealers is invited to Regulation 5 of Notification No.FEMA 25/RB-2000 dated May 3, 2000 read with A.P. (DIR Series) Circular No.50 dated November 16, 2002. 2. It has been decided to permit persons resident outside India having Foreign Direct Investments in India to enter into forward contracts with Authorised Dealers with r....