A Digital Signature is the equivalent of a physical signature in electronic format, as it establishes the identity of the sender of an electronic document in the Internet. Digital Signatures are used in India for online transactions such as Income Tax E-Filing, Company or LLP Incorporation, Filing Annual Return, E-Tenders, etc., There are three types of Digital Signatures, Class I, Class II and Class III Digital Signature. Class I type of Digital Signatures are only used for securing email communication. Class II type of Digital Signatures are used for Company or LLP Incorporation, IT Return E-Filing, Obtaining DIN or DPIN, and filing other forms with the Ministry of Corporate Affairs and Income Tax Department. Class III type Digital Signatures are used mainly for E-Tendering and for participating in E-Auctions. Digital Signatures come in the form of a USB E-Token, wherein the Digital Signature Certificate is stored in a USB Drive and can be accessed through a computer to sign documents electronically.
With E-Return filing becoming mandatory for Income Tax Assesses with an income of over Rs.5 lakhs per annum, the requirement and prevalence of Digital Signatures has increased manifold. AllindiaFiling can help you obtain your Digital Signature hassle-free online.
What is a Digital Signature?
A Digital Signature is a secure key (USB E-Token) that contains the signature in digital format and is issued for the purpose of validating & verifying a particular person or entity.
Who requires a Digital Signature? .
When is Digital Signature required?
Digital Signature is required when a person or an entity requires performing statutory activities online like filing returns or business registrations etc.
This class type is used to secure email communications and shall be issued for both business personnel and private individual use
This class type is used for Incorporation of entities, Business Registrations, Income Tax Filing, etc.
This class type is used for participating in E-Tendering or E-Auctions.