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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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Amendments to SEBI (Foreign Portfolio Investors) Regulations, 2024. New rules on registration fees and timelines for compliance.

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....The Securities and Exchange Board of India (SEBI) issued the Securities and Exchange Board of India (Foreign Portfolio Investors) (Amendment) Regulations, 2024. The amendments include provisions for foreign portfolio investors to sell securities within 360 days if registration is invalid, payment of registration fees every three years, and consequences for non-payment. Amendments also modify timelines for reporting requirements u/r 7 and u/r 22, and introduce late fees for delayed payments. The Second Schedule outlines late fee amounts. The regulations aim to enhance compliance and streamline processes for foreign portfolio investors.....