Dear Members,
This time, when we were filing income tax return of our company, we stuck up with some technical issues with digital signature of Our Managing Director and we were not able to fix it up. Due last dates for filings, finally we used digital signature of one of our director to file our income tax return. As per section 140, if due to any unavoidable reason, Managing Director can't sign or verify the return, it can be signed by any director of the company. I have a question, whether technical issue with digital signature of managing director can be considered as an unavoidable reason as envisaged under section 140. I have also attached herewith text of section 140 for ready reference.
Your quick guidance in the matter will be highly appreciable.
Regards
CA Chandrashekhar Laddha
CAclubindia
