E-filing of ITR: Taxpayers To Get Digital Signature

To avoid the hassle of sending a printed copy of the e-file return by post, the department of income tax has decided to enter the premises of the digital signature for taxpayers. The Central Board of Direct Taxes (CBDT) has decided to implement the new mechanism before the end of the next financial year to March 2015. CBDT will contact the Union ministries of law and communications and information technology to establish the requirements of the...

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What is Digital Signature ?

A electronic signature (digital signature) is a mathematical scheme to demonstrate the authenticity of a digital message or document. A valid digital signature gives a recipient reason to believe that the message was created by a known sender, so that the sender can not deny having sent the message (authentication and non-repudiation) and that the message has not been altered in transit (integrity). Digital signatures are commonly used for software...

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