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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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Penalty for Failure to Furnish Information, Return, etc

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Full Text of the Document

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.... Board, fails to furnish the same within the time specified therefor ^5[or who furnishes or files false, incorrect or incomplete information, return, report, books or other documents], he shall be liable to a penalty ^2[which shall not be less than one lakh rupees but which may extend to one lakh rupees for each day during which such failure continues subject to a maximum of one crore rupees] for ....

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Full Text of the Document

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....ch such failure continues subject to a maximum of one crore rupees].]     ****************** NOTES:- 1. Inserted vide Section 17 of the Securities Laws (Amendment) Act, 2004, w.e.f. 12-10-2004. 2. Substituted vide Section 42 of the Securities Laws (Amendment) Act, 2014 dated 22-08-2014, w.e.f. 08-09-2014, before it was read as, "of one la....

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