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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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Modification in Staggered Delivery Period in Commodity Futures Contracts u/s SEBI Act, effective July 01, 2024.

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Full Text of the Document

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....SEBI issued a circular modifying the staggered delivery period in commodity futures contracts. The revision mandates a minimum staggered delivery period of three working days, effective from July 01, 2024. This change, based on CDAC deliberations and market feedback, falls under Chapter 11 of the 'Master Circular for Commodity Derivatives Segment'. Stock Exchanges and Clearing Corporations must notify their members and publish the circular on their websites. The circular, issued u/s 11(1) of the SEBI Act, aims to safeguard investor interests and regulate the securities market.....