Digital Certificate
This query is : Resolved
10 August 2010
Is it necessary for the PVT LTD company to get the digital certificate?
10 August 2010
For filing of income tax return the return needs to compusorily be signed by digital signature.
10 August 2010
CBDT on changes in Rules relating to e-filing of I-T returns
No.402/92/2006-MC (35 of 2010)
Government of India / Ministry of Finance
Department of Revenue
Central Board of Direct Taxes
***
New Delhi the 12th July 2010
PRESS RELEASE
The Central Board of Direct Taxes (CBDT) has amended the Rules relating to electronic filing of income tax returns vide Notification No.49/2010 dated 9th July 2010. The amended Rules will apply with effect from the date of notification in the official gazette.
As per the amended Rules, it is now mandatory for all companies to file income tax return electronically in Form No.ITR-6 with digital signature. Earlier, companies could file their electronic returns with or without digital signature.
Further, now all individuals and Hindu Undivided Families (HUFs), who are required to get their accounts audited under section 44AB of the Income Tax Act 1961, are also required to file their income tax return in Form No.ITR-4 electronically with or without digital signature. Earlier, this condition was applicable only to companies and partnership firms.
Accounts are required to be audited under the income tax law, if turnover or gross receipts from business exceeds Rs. 40 lakh (Rs.60 lakh from assessment year 2011-12 onwards), or if turnover or gross receipts from profession exceeds Rs. 10 lakh (Rs.15 lakh from assessment year 2011- 12 onwards)
No.402/92/2006-MC (35 of 2010)
Government of India / Ministry of Finance
Department of Revenue
Central Board of Direct Taxes
***
New Delhi the 12th July 2010
PRESS RELEASE
The Central Board of Direct Taxes (CBDT) has amended the Rules relating to electronic filing of income tax returns vide Notification No.49/2010 dated 9th July 2010. The amended Rules will apply with effect from the date of notification in the official gazette.
As per the amended Rules, it is now mandatory for all companies to file income tax return electronically in Form No.ITR-6 with digital signature. Earlier, companies could file their electronic returns with or without digital signature.
Further, now all individuals and Hindu Undivided Families (HUFs), who are required to get their accounts audited under section 44AB of the Income Tax Act 1961, are also required to file their income tax return in Form No.ITR-4 electronically with or without digital signature. Earlier, this condition was applicable only to companies and partnership firms.
Accounts are required to be audited under the income tax law, if turnover or gross receipts from business exceeds Rs. 40 lakh (Rs.60 lakh from assessment year 2011-12 onwards), or if turnover or gross receipts from profession exceeds Rs. 10 lakh (Rs.15 lakh from assessment year 2011- 12 onwards)
10 August 2010
whether the DSC shall be taken by director in his name or in the name of the company ?
11 August 2010
DSC should be taken in the name of Director.
You can also check FAQ on Digital Signature from below link---
https://incometaxindiaefiling.gov.in/portal/faq_signature.do
You can also check FAQ on Digital Signature from below link---
https://incometaxindiaefiling.gov.in/portal/faq_signature.do
11 August 2010
Dear Kansalji
A company itself is a artificail person and a artificial person by itself cannot sign on its own. So it has to be necessarily be signed by the director of the company on behalf of the company.
A company itself is a artificail person and a artificial person by itself cannot sign on its own. So it has to be necessarily be signed by the director of the company on behalf of the company.
11 August 2010
In my opinion, the answer should not be addressed to particular person. One can ask question due to the reason that everyone can participate in the debate, as in this question I know that MD or director can only sign the return of income in case of resident company u/s 140 of the Act, the question is asked for general use of the club members. Moreover, the original querist had asked whether the compay should get the DSC.
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