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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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SEBI consolidates circulars for Mutual Funds. New Master Circular supersedes previous one. Rescinded circulars listed, actions remain valid.

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Full Text of the Document

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....Master Circular consolidates SEBI circulars applicable to Mutual Funds. It supersedes previous Master Circular dated May 19, 2023, incorporating new circulars issued until March 31, 2024. Rescinded circulars listed in Appendix, but actions taken under them remain valid. Compliance reports required as per new Master Circular. Issued under SEBI Act to protect investor interests and regulate securities market.....