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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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Amendment of section 10

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....Bank Act, 1873 (5 of 1873);"; (II) in clause (23C), after sub-clause (iiia), the following sub-clauses shall be inserted, namely:- "(iiiaa) the Swachh Bharat Kosh, set up by the Central Government; or (iiiaaa) the Clean Ganga Fund, set up by the Central Government; or"; (III) with effect from the 1st day of April, 2016- (a) after clause (23ED), the following clause....

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....use (o) of sub-regulation (1) of regulation 2 of the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2012 made under the Securities and Exchange Board of India Act, 1992(15 of 1992); "and the Securities Contracts (Regulation) Act, 1956 (42 of 1956)". (ii) "regulations" means the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corp....

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....ttlement Guarantee Fund; and (c) any clearing member contributing to the Core Settlement Guarantee Fund;". (b) in clause (23FB), before the Explanation, the following proviso shall be inserted, namely:- "Provided that nothing contained in this clause shall apply in respect of any income of a venture capital company or venture capital fund, being an investment fund specified in....

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....clause (a) of the Explanation 1 to section 115UB;'; (d) after clause (23FC), the following clause shall be inserted, namely:- '(23FCA) any income of a business trust, being a real estate investment trust, by way of renting or leasing or letting out any real estate asset owned directly by such business trust. Explanation.-For the purposes of this clause, the expression "real es....