banner_ad

Arithmetical Error in BP u/s 143 (1)(a)

Others 431 views 5 replies
I received an intimation u/s 143 (1)(a) for an arithmetic error in schedule BP via mail on 31.12.2019.

1)In schedule BP ,SI No.A.13 Profit or loss after adjustment for depreciation (10+11-12iii) and the sum of amount entered in SI.No.10+11-12iii are inconsistent.


2) In schedule BP, SI No.A.35 Income (13+26-34) and the sum of amount entered in SI.No.A13+A26-A34 are inconsistent.

HOWEVER i checked the values in the return and there is perfect match.
there is no arithmetic error.

I prepare the return using excel utility where all items in schedule BP were calculated automatically.

what is the reason for such intimation? ?
Replies (5)
I also have same question
I think is this in reference to Speculation loss / profit. ??
But there is no speculation loss /profit.There is normal business income.

i have recieve the same intimation inrespect of business loss from F& O transactions, all figures ARE correctly placed but still shows inconsistancy in the intimation

I have same question , i have f&o profit, all calculation are correct but same notice from cpc


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
10 June 2026
Senior Account Executive

JDS Advisory LLP

Ahmedabad

CA Inter

View Details
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details
Company
16 May 2026
Audit clerk

mgirt & co

Bengaluru

CA Inter

View Details
Company
ARTICLESHIP 15 May 2026
Audit Assistant / Article Trainee / Intern

SSGS and Associates

Chennai

CA Inter

View Details