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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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Bankruptcy Reforms Committee

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....ankruptcy Reforms Committee <br>News and Press Release<br>Dated:- 21-10-2014<br><BR>The Hon`ble Finance Minster in his Budget Speech of 2014-15 announced that an Entrepreneur friendly legal bankruptcy....

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.... framework would be developed for SMEs to enable easy exit. Pursuant to the above announcement, a Committee has been set up under the Chairmanship of Shri TK Vishwanathan, former Secretary General, L....

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....ok Sabha and former Union Law Secretary, to study the corporate bankruptcy legal framework in India and submit a report by February next year. The Committee will examine the whole gamut of issues rel....

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....ating to bankruptcy including the following specific areas: i. Why bankruptcy matters? ii. Early detection and resolution of finacial distress iii. Protection of interest of stakeholders iv. Study....

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.... the rescue mechanism and suggest ways of improving it v. Examine the role of the institutions engaged in the process of rescue and liquidation vi. Liquidation procedurefor smaller companies vii. A....

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....ny other aspect relevant to the subject Comments and suggestions on the proposed areas may be sent to Director (FSLRC), Department of Economic Affairs, Ministry of Finance, Room no. 68-A, North Block....

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...., New Delhi-110001 or via email on [email protected] within 30 days.<BR> News - Press release - PIB....