No Aggregation of Escaped Income Over Years Under Section 149(1)(b): Delhi HC Sets Aside Notice

Idemia Identity And Security India Private Limited Vs ACIT (Delhi High Court)

The Delhi High Court has set aside a notice issued under Section 148 of the Income Tax Act, 1961, and consequential proceedings under Section 147 for Assessment Year (AY) 2019-20, against Idemia Identity And Security India Private Limited. The court ruled that the impugned notice, dated March 21, 2024, was issued beyond the period of limitation prescribed under Section 149(1)(a) of the Act.

The petitioner, Idemia Identity And Security India Private Limited, argued that the notice and subsequent pro

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