IN THE INCOME TAX APPELLATE TRIBUNAL KOLKATA ‘D’ BENCH, KOLKATA Before SHRI SONJOY SARMA, JUDICIAL MEMBER &

SHRI RAKESH MISHRA, ACCOUNTANT MEMBER ITA No.: 2386/KOL/2025 Assessment Year: 2019-20 Ramesh Kumar Damani DCIT, Circle-61, Kolkata Vs.

(Appellant) (Respondent)

PAN: AFTPD2293L Appearances:

Assessee represented by : None.

Department represented by : S.B. Chakraborthy, Addl. CIT, Sr. DR.

Date of concluding the hearing : 29-December-2025 Date of pronouncing the order : 28-January-2026

ORDER

PER RAKESH MISHRA, ACCOUNTANT MEMBER:

This appeal filed by the assessee is against the order of the Commissioner of Income Tax (Appeals)-NFAC, Delhi [hereinafter referred to as Ld. 'CIT(A)'] passed u/s 250 of the Income Tax Act, 1961 (hereinafter referred to as ‘the Act’) for AY 2019-20 dated 29.08.2025.

2. The assessee is in appeal before the Tribunal raising the following grounds of appeal:

“1. The learned Commissioner of Income Tax (Appeals) has erred in law and on facts in upholding the disallowance of tax credit of Rs. 40,23,539.00 despite the credit being duly corroborated by Form 16, correctly claimed in the return of income, and fully reflected in the assessee's Form 26AS.

2. The learned Commiss