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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Section 47(vic) - Transfer of shares held in an Indian company by a demerged foreign company to the resulting foreign company

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....ax - Ready Reckoner<br>Income Tax<br>Section 47(vic):- Transfer of shares held in an Indian company by a demerged foreign company to the resulting foreign company Section Transaction not regarde....

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....ing Foreign company Shares of Indian company (domestic company) Value by which the original cost of acquisition of shares in the demerged company exceeds cost of acquisition of shares of the re....

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Section 47(vic) - Transfer of shares held in an Indian company by a demerged foreign company to the resulting foreign company