Income escaped assessment for different years cannot be clubbed for satisfying threshold limit u/s. 149(1)(b)

L-1 Identity Solutions Operating Company Private Limited Vs ACIT (Delhi High Court) Delhi High Court held that income alleged to have escaped assessment for different previous years cannot be clubbed together for satisfying condition prescribed u/s. 149(1)(b) of the Income Tax Act (i.e. threshold amount of ₹50 lakhs). Hence, notice u/s. 148 issued beyond period of three years cannot be sustained. Facts- The petitioner has filed the present petition, inter alia, impugning notices dated 21.03.2024 and 28.03.2024 issued u/s. 148 of the Income Tax Act, 1961 in respect of Assessment Year [AY] 201...