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NewsPolicyRadarMonday, 12 October 2026NEW

Income Tax | SC Dismisses SLP Against Validity of Section 143(2 Scrutiny Notice Issued by Prescribed Authority

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Summary
Supreme Court dismisses SLP against Delhi HC ruling upholding CBDT-authorised ACITs jurisdiction to issue Section 143(2) scrutiny notices.
Key Facts
TypeNews
SourcePolicyRadar India
PublishedMonday, 12 October 2026
Affected Population1.4 billion citizens, 63 million MSMEs
Key Numbers
GDP: $3.9 trillion (2025 est.)
Fiscal deficit target: 4.4% of GDP
GST collection: Rs 1.87 lakh crore/month avg
PM-JAY: 55 crore beneficiaries
Key Authorities
Ministry of FinanceRBISEBIDEAMinistry of Social Justice & Empowerment
Key Stakeholders
TaxpayersBanks & NBFCsInvestorsBPL FamiliesSenior CitizensPersons with Disabilities
Government Context
NDA IIIBJP-led NDA
Centre-Right
LeftCentreRight
Explore Sectors
Finance & Economy671 tracked→Social Protection241 tracked→Governance & Reform183 tracked→
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