Saturday, 29 December 2012

New Feedback on e-Filing of Income Tax Returns e-Signature by Income Tax Department

FEEDBACK ON INTRODUCTION OF E-SIGNATURE

Income Tax Department proposes to introduce Electronic Signature for e-Filing of Income Tax Returns in addition to existing Digital Signature Certificate / ITR V. The e-signature shall be based on the validation of the taxpayer on the basis of the data available with the Income Tax department such as bank A/c number, CPC intimation number, valid TAN and the personal details of the taxpayer. This e-signature proposed to be given to the existing e-filers (will not be available to first time e-filers) in select categories of ITRs such as ITR 1, ITR 2 and ITR 4S. Your response/suggestion/comment on introduction of e-signature is sought in the email of efiling_schema_utility@incometaxindia.gov.in.

No comments:

P&H HC holds exporter eligible for refund of interest paid under Rule 96A on subsequent realisation of export proceeds

  This Tax Alert summarizes a recent ruling of the Punjab & Haryana High Court (HC) 1 on the validity of paragraph 4.6 of Circular No. ...