IN THE INCOME TAX APPELLATE TRIBUNAL COCHINBENCH “DB”, COCHIN BEFORESHRI. INTURI RAMA RAO, ACCOUNTANT MEMBERAND SHRI. ANIKESH BANERJEE, JUDICIAL MEMBER I.T.A No.616/COCH/2025 (Assessment Year:2019-20)

Deputy Commissioner of vs Ramachandran Income Tax 54, TC. 37/150, Padma Nagar, East th Central Circle, 4 Floor, Fort, Thiruvananthapuram, Ayakar Bhavan, Kowdiar P.O., Kerala- 695023 Thiruvananthapuram, Kerala- PAN: AAIFJ2379K

695003 APPELLANT RESPONDENT Assessee by : Ms. Divya Ravindran, Adv Respondent by : ShriSanjit Kumar Das, (CIT. DR.)

Date of hearing : 30/10/2025 Date of pronouncement : 19/11/2025

O R D E R

Per Shri Anikesh Banerjee (JM):

The instant appeal of the revenue was filed against the order of the Ld.

Commissioner of Income Tax (Appeal)-3,Kochi [for brevity, ‘Ld.CIT(A)’] passed under section 250 of the Income-tax Act, 1961 (for brevity, ‘the Act’) for assessment year 2019-20, date of order 19/06/2025. The impugned order was emanated from the order of the Assessment Unit, Income-tax Department (for brevity, the “Ld.AO”) passed u/s 271AAB of the Act, date of order 27/03/2022.

2. Brief facts of the case are that the assessee is a firm and is engaged in business of Textile, Furnitu