17 February 2020
I received an intimation u/s 143(1)(a) for an arithmetic error in Schedule BP. For example: BP, Sl.No.D. Income chargeable under the head Profits and gains from Business or Profession (A.38+B.43+C.49) and the sum of amount entered in Sl.No.A.38+B.43+C.49. are inconsistent However, I checked the values in the return and there is a perfect match. No arithmetic errors. I prepare the return using Excel Utility where all items in Schedule BP were calculated automatically. So, I don't understand how arithmetic errors can happen. What is the reason for giving this intimation? What should I do?
18 February 2020
This type of error may be due to old version of utility used for filling return of income. A fresh utility can be filled to resolve the issue.