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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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Acquisition Through a Rights Issue or a Bonus Issue

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....al instruments (other than share warrants) issued by such company as a rights issue or a bonus issue provided that: (1) The offer made by the Indian company is in compliance with the provisions of the Companies Act, 2013; (2) Such issue shall not result in a breach of the sectoral cap applicable to the company; (3) The shareholding on the basis of which the rights issue ....

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....change Management (Deposit) Regulations, 2016. Note: Where the original investment has been made on a non-repatriation basis, the amount of consideration may also be paid by debit to the NRO account maintained in accordance with the Foreign Exchange Management (Deposit) Regulations, 2016 Provided an individual who is a person resident outside India exercising a right which was issued w....

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