Securities and Exchange Board of India (SEBI / Board) has invited applications from under its Young Professional Program. SEBI Young Professional Program (YPP) is intended to provide an exceptional opportunity to qualified and motivated young professionals to learn the nuances of Indian capital markets and functioning of a …

Adjustment of income tax refund due to corporate debtor against old income tax dues shown in the balance sheet upheld In a recent judgment, High Court upheld the adjustment of income tax refund due to corporate debtor against old income tax dues shown in the balance sheet and …

Obligations on CRAs while undertaking rating of financial instruments falling under the purview of any other Financial Sector Regulator SEBI has issued a Circular specifying conditions a Credit Rating Agency (CRA) has to undertakes rating of instruments falling under the purview of any other financial sector regulator or …

Supply of information u/s 148A does not necessarily mean that entire material available on record have to be supplied to the assessee. In a recent judgment, High Court has held that supply of information u/s 148A does not necessarily mean that copies of the entire material available on …

In case of estimation of income, penalty under Section 270A of the Income Tax Act cannot be imposed – ITAT In a recent judgment, ITAT Ranchi has held that in case of estimation of income, penalty under Section 270A of the Income Tax Act cannot be imposed ABCAUS …

RBI has relaxed directions related to requirement and limits of collateral security for lending to Micro, Small & Medium Enterprises (MSME) Sector RBI has issued Lending to Micro, Small & Medium Enterprises (MSME) Sector (Amendment) Directions, 2026 to modify requirements related to collateral security by MSME as under: a. …