The introduction of digitalization has compelled everything to frame in the online segment. We can see the examples like ticket booking from physical counter have become e-ticket booking, the newspaper has become e-newspaper, and governance has become e-governance. Even income tax filing has been swapped by e-filing of Income tax Return online. The verification is important while filing the income tax return online. It is significant for the income taxpayer to accept the terms and conditions of the income tax website and also submit the declaration that all the information related to income tax return are correct and very well known to your knowledge.
Now the signing a declaration has become easy as compared to the paper filing of ITR, as the applicant can simply sign the documents through a digital signature certificate. Now the question stuck suddenly that how we can sign the declaration along with submitting documents online.
Earlier it took time for the administration to process the online filing of Income tax returns but thanks to the advanced technology such as Digital Signature Certificates which is a great tool and it is simply accessible in the market. You can file income tax return online make it quick with a digital signature.
What is a Digital Signature Certificate?
A Digital Signature is an encoded file that is used for the verification of the identity of the user. It is also used to authenticate content or any other application transmitted via the internet. The digital signature of a person or company signifies that the paper or documents that have been signed online has been verified by the said user and it authenticates the documents, it is similar to self-attest the physical documents by a handwritten signature. Every individual is issued a unique DSC which means that it is easy to know which DSC has belonged to which person.
The best thing about the digital signature is that whenever it is used in online documents then it cannot be falsified, imitated and misused by any other person. It will land to the target recipient and recipient can read the documents after it gets the public key from the authorized sender. The recipient of the digitally signed application can authenticate that the message conveyed from the sender who has digitally signed, cannot be modified deliberately at the time of signing. Also, it is noted that the signer cannot disclaim or deny later by saying that he hasn’t signed the documents or it is forged. In short digital signature allows verification and non-denial of a digital message confirming the identity of the sender and identity of the sender to recipient. The Digital Signature Certificates are generally allotted with 1 year, 2 years and 3 years of validity. The expense of USB token is included in its cost which is a one-time cost. It can be renewed after the validity is over with the same procedure.
How Digital Signature has become helpful while uploading Income Tax Return
Digital Signature Certificate in India is allotted by Certifying authority under the Information Technology Act, 2000 and it has the same relevance with a handwritten signature.
Digital Signatures is granted to use at the time of Income-tax online filing in which applications needs to be compulsorily signed during the submission. There are two ways of filing income tax in which first is using DSC and second is using handwritten signature and take a print out of ITR submitted online signing it physically and send this document to the Income Tax Office in Bangalore but it is a lengthy process, but as we know time is precious and that is what digital signature help people to save their time, money and long procedure. It is a fast approval tool that makes the online process smooth. You should also know that which class of digital signature is used for e-filing of Income tax, and Class 2 Digital Signature Certificate for Income Tax Return Filing. You can get all types of DSC from the authorized registration authority based in Delhi “Digital Signature Mart” a certified reseller of the digital signature by Capricorn DSC.