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Intimation order u/s 154(issue with disallowance U/s 36 and 37)

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Anup kumar

student

21 Points Posted on 07 October 2020

I have for one of my clients, have put a rectification U/s154 for about 6 times now. The amount in section 36 for the assessment year is 145638 and section 37 is 249903 total amount being Rs 395541. The system while computing liability in intimation order takes amount of Rs 145638 twice in both sections. Due to this double error, my net profit increases by Rs 145638 and it does not accept my rectification of section 37. Can someone please guide me as to what i am doing wrong.

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Quick Summary

This discussion addresses a recurring issue with rectification orders under Section 154 of the Income Tax Act, specifically concerning disallowances under Sections 36 and 37. The user is experiencing a system error where an amount of £145,638 is being incorrectly applied to both sections, inflating the net profit and preventing rectification for Section 37. Expert advice is sought to resolve this complex calculation error.