IN THE INCOME TAX APPELLATE TRIBUNAL “A” BENCH MUMBAI BEFORE SHRI AMIT SHUKLA, JUDICIAL MEMBER &

SHRI MAKARAND VASANT MAHADEOKAR, ACCOUNTANT MEMBER ITA No. 5775/Mum/2025 (Assessment Year: 2019-20)

(Assessment Year: 2019-20)

(Assessment Year: 2019-20)

(Assessment Year: 2019-20)

(Assessment Year: 2019-20)

(Assessment Year: 2019-20)

(Assessment Year: 2019-20)

Assessee by Shri M. M. Golvala, Ld. AR Revenue by Shri Surendra Mohan, Ld. DR Date of Hearing 07.01.2026 Date of Pronouncement 13.01.2026 आदेश / ORDER PER MAKARAND VASANT MAHADEOKAR, AM:

This appeal by the assessee is directed against the order dated 21.07.2025 passed by the Commissioner of Income Tax (Appeals), National Faceless Appeal Centre, Delhi, under section 250 of the Income-tax Act, 1961, for Assessment Year 2019–20, arising out of the assessment order dated 20.01.2025 passed by the Assessing Officer under section 147 read with section 144B of the Act.

2. The brief facts of the case are that the assessee is an individual. For the year under consideration, the assessee filed his original return of income under section 139(1) of the Act on 24.10.2019, declaring a total income of Rs. 1,48,76,220/-, after claiming deductions aggregati