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 position and the legal technology to new protocols for e-returns-ITRV-is operationalized.

A digital signature verifies the identity of the sender and is created by paying a fee that requires periodic renewal. Therefore, this is perceived as a burden on the salaried class and other small taxpayers.

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