Digital Signature Certificate for Income Tax
e-Filing of Income Tax using Digital Signature Certificate.
A DSC lets you file your Returns easier and more secure. As per the revised provisions under section 44AB of Income Tax Act “E-Filing is compulsory for all the individuals/professionals having a yearly gross receipt of INR 25 Lakhs and above, and for business houses with an annual turnover of INR 1 Crore and above.
E-Filing Of Income Taxes And Digital Signature Certificate
Digital Signature Certificate is necessary for e-filing by a specific section of businesses, families, and individuals. For individuals businesses that are not covered by the latest mandate, a Digital Signature Certificate guarantees higher convenience while filing tax returns, and higher security during any electronic transactions.
Why do I need a Digital Signature Certificate?
A Digital Signature Certificate confirms your identity electronically. which provides you with a high level of security for your online transactions by guaranteeing absolute privacy of the information corresponded using a digital certificate. You can use certificates to encrypt data so that only the intended recipient can read it. You can digitally sign data to ensure the recipient that it has not been changed in transit, and also verify your individuality as the sender of the message.
Where all can I use Digital Signature Certificates?
You can use Digital Signature Certificates in the given below sectors:
- To secure email and web-based transactions, or to identify other participants of Web transactions.
- To confirm possession of a domain name and establish SSL/ TLS encrypted secured sittings between your website and the user for web-based transactions.
- For a developer, for proving authorship of a code and preserving honesty of the shared software programs.
- To sign web forms, e-tendering data, filing income tax returns, to obtain membership-based websites automatically without entering a user name and password etc.