Digital Signature
What is a Digital Signature?
A Digital Signature is equivalent to the physical signature, as it establishes the identity of the sender of an electronic document on the Internet. Digital Signatures are required in India for online compliances like Income Tax E-Filing, Company or LLP Incorporation, Filing of Annual Returns, E-Tenders and many more.
There are three different types of Digital Signatures:
- Class I: Digital Signatures of class I are only used for securing email communication.
- Class II: Digital Signatures OF class II are used for Company or LLP Incorporation, IT Return E-Filing, GST Return Filling, Obtaining DIN or DPIN, and filing other forms with the Ministry of Corporate Affairs and the Department of the income tax and Goods and Service Tax (GST).
- Class III Digital Signature: Digital signatures of type III are used mainly for E-Tendering and for participating in E-Auctions.
Digital Signatures are in the form of a USB E-Token, where in the Digital Signature Certificate is stored in a USB Drive and can be accessed through a computer to sign documents electronically whenever required. The requirement and prevalence of Digital Signatures has increased manifold since Income tax return filings.
Consult our experts at Plan Taxation for Digital Signature
Digital Signatures have a validity of one or two years. The validity of the Digital Signature can be renewed once the term of the previous Digital Signature expires and the validity solely depends in various cases. The applicants are required to submit the Digital Signature Application along with the relevant documents in the format of a hard copy via courier. Once the Digital Signature application is received by us, the application will be immediately processed and Digital Signature will be issued. Once, the Digital Signature which comprises of the USB token is ready our experts at Plantaxation will inform you of your contact number.
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