Electronic WhatsApp evidence without authentication or independent corroboration cannot sustain an unexplained-investment addition based on third-part...
Mutual current-account transactions excluded from deemed dividend treatment where no fresh borrowing arose; unsupported unsecured-loan addition also f...
The Corporate Debt Market Development Fund (CDMDF) has been classified as a Category I Alternative Investment Fund under Regulation 3(4)(a) of the SEBI (Alternative Investment Funds) Regulations, 2012. CDMDF was set up under Chapter III-C to act as a backstop facility for purchasing investment grade corporate debt securities during market stress periods to enhance secondary market liquidity. Despite having a separate framework under Regulation 19, CDMDF falls under Category I AIF given its broader economic objective of developing the corporate bond market.
The Corporate Debt Market Development Fund (CDMDF) has been classified as a Category I Alternative Investment Fund under Regulation 3(4)(a) of the SEBI (Alternative Investment Funds) Regulations, 2012. CDMDF was set up under Chapter III-C to act as a backstop facility for purchasing investment grade corporate debt securities during market stress periods to enhance secondary market liquidity. Despite having a separate framework under Regulation 19, CDMDF falls under Category I AIF given its broader economic objective of developing the corporate bond market.
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