Mass errors in 143(1) processing

Hi SIr,

For every difference in the Income as reported by you and income computed U/s 143(1) by the Dept, there will be a reason.  Please go through the Common error guide released by the IT Department.

Please check the following:

1. In ITR 4, Part A-P&L A/c please see if the Item No. 43: Profit Before taxes TALLIES with Item No 1 of Schedule BP.

2. Please see that you have filled in Item No, 12(i) of Schedule BP i.e Depreciation allowable U/s 32(1)(ii)

3. Please see that Schedule DPM, DOA, &  Schedule DEP are properly filled, the percentage of Depreciation is correctly filled and Column 6 of Schedule DEP tallies with Item No 12(i) of Schedule BP

We have never had a problem so far as regards Depreciation.