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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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Relaxation in compliance with requirements pertaining to Mutual Funds

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.... compliance with requirements pertaining to Mutual Funds 1. In light of the recent market events pursuant to COVID 19, a need has been felt for temporary relaxations with respect to compliance requirements for Mutual Funds. Accordingly, SEBI has decided to grant the following relaxations specified in SEBI (Mutual Funds) Regulations, 1996 and circulars issued thereunder: 1.1. All schemes (NFO) ....

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....f SEBI circular No. SEBI/HO/IMD/DF2/CIR/P/2016/42 dated March 18, 2016 Half yearly Within ten days from the half year end i.e March 31, 2020. April 10, 2020 May 10, 2020 3 Yearly disclosure of investor complaints with respect to Mutual Funds as required under Point 4 (b) of SEBI circular No. Cir / IMD / DF / 2 / 2010 dated May 13, 2010 Yearly Within 2 months of the close of ....

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....tment in Debt and Money Market Instruments dated October 1, 2019 Maximum investment in unlisted NCDs as % of the debt portfolio of the scheme. 15% - March 31, 2020 15% - April 30, 2020 4. Valuation of money market and debt securities dated September 24, 2019 Amortization based valuation shall be dispensed with and irrespective of residual maturity, all money market and debt securitie....

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