A Digital Signature Certificate helps you to file ITR (Income Tax Return) in a safe and easy way. For online filing of ITR, the Digital Signature Certificate is mandatory. According to Section 44AB, for any individual, if the IT return of an individual is 25 lakh then ‘E-Filing of ITR’ is a must. For the business groups, if the ITR is 1 crore then ITR filing is mandatory.

What Is Going to Be Included in The Digital Signature Certificate?

You can have a look at the features that are going to be included in the Digital Signature Certificate.

1. Name of the Owner
2. The Public Key of the Owner
3. The Expiration Date of the Public Key of the Owner
4. The Name of the Certification Issuing Authority.
5. Serial Number of the Digital Signature.
6. Issuer’s Digital Signature

These are the key matters that are going to be included in the Digital Signature Certificate.

What is The Digital Signature Certificate Class Required for Income Tax?

Class 2 DSC: For income tax filing online, company registration, and for other purposes the Class 2 Digital Signature Certificate online is required. For the Income Tax Department, for the Ministry of Corporate Affairs; the Class 2 DSC is required.

For the Income Tax department, e-IT filling, the Class 2 DSC is required.

Where is The Requirement of Digital Signature Certificate in Income Tax?

The Digital Signature Certificate in India is issued by a Certification Agency and as per IT Act 2000, the Digital Signature Certificate has been given the same rank as the physical signature.

While you are opting for IT Return Online, you have to go for the Digital Signature Certificate. However, as per the rule of CBDT (Central Board of Direct Taxes), any business group filing ITR-6 mandatorily goes with the Digital Signature Certificate. Not only, for IT return but for the purpose of PVT ltd company registration, you need DSC also.

How Can You Register DSC on the New IT Portal?

The registered taxpayers have to follow these simple rules to register DSC on the new IT portal.

1. The registered taxpayers have to register their Paperless DSC also.
2. With the new Income Tax portal, you have to register the DSC if the old DSC is expired.

Here one point to be remembered is that the new Income Tax portal is not accepting the old Digital Signature Certificate. So, you have to register your DSC again with the new IT portal.

How to Make Scrutiny of Income Tax Return with DSC?

First of all, you have to upload the DSC management from the IT portal. You have to generate the signature file from the new IT portal. As a taxpayer, you have to upload the Digital Signature Certificate with the XML file, and then you have to complete your work.

Conclusion

DSC or the Digital Signature Certificate has transformed the ITR or the Income Tax Return easier than before. The IT Act 44AB has also made it mandatory for individuals to file ITR online whose income is more than 25 lakh. So, overall, this is the importance of DSC.