You have not stripped threads from the bolt or the damper rod, that is not a concern here.
Yes, using an impact will make a difference, air or electric, not the manual type.
I wouldn't strike a ratchet, but with a solid Allen wrench you can give the wrench a sharp blow with a small hammer (or something like a 17mm combination wrench) to give the fastener the action of an impact wrench, several tries may tighten the bolt just enough to bind the bottom of the damper against the inside of the fork lower bottom.
You always want to assemble these parts clean, oil free and dry. Any film of oil in there can aggrivate the situation.
One way to get them tight is to remove the fork cap and spring, get a wooden dowel and cut it to the correct length so that you can insert it in place of your fork spring and put the top cap back on, tighten the fork cap against the dowel to push the damper rod downward tightly so you can tighten the bottom bolt.
If you cut too short, put in a washer or 2 or 5. This trick works for disassembly too.
Another tip is to make sure your damper rod bolts thread into your damper rods freely without binding before you assemble the forks. I've even seen damper rods with light chisel marks on the bottom where they contacted the 'oil lock piece' essentially adding some lock-washer type action. But I don't know if I'd do that myself.