Digital Signature Certificates (DSC) for e-Tendering in India

e-Tendering is changing the way procurement is carried out. It has made the whole process reliable, faster and anytime-accessible. To lend legl sanctity to the the whole e-Tendering process, Digital Signature Certificates (DSC) are used to authenticate the identity of the vendors as well as buyers. It also secures the data that is transacted online and hence gives maximum security as required in an ideal tendering scenario.

Class 3 DSC – It is the highest category of Digital Certificate issued to organizations.

To provide you with secure online interactions with ministry and in compliance with IT Act 2000, a director, authorized signatories and professionals will be required to acquire a DSC from any Licensed Certifying Authority (CA) in India.  To obtain your Class 3 DSC, click here

Digital signatures deploy the Public Key Infrastructure (PKI) technology.

Digital signatures deploy the Public Key Infrastructure (PKI) technology. A digital signature is issued by a Certification Authority (CA) and signed with the CA`s private key. A digital signature typically contains:

  • Owner`s public key
  • Owner`s name
  • Expiration date of the public key
  • Name of the issuer (the CA that issued the Digital ID)
  • Serial number of the digital signature
  • Digital signature of the issuer

Digital Signature Certificate (DSC) in India comes under service tax

All services except those which are in the negative list will become expensive from  01.07.2012 with the implementation of the new service tax regime. With the exception of 38 services, which figure in the negative list, all other activities would attract 12% tax. The government had earlier decided to implement the negative list from July 1.

Digital Signature Certificate (DSC) in India comes under service tax.

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To obtain your digital signature certificate, visit http://www.digitalsignature.in/

CBDT Issues Notification Making E-Filing of Income Tax Returns Mandatory

Central Board of Direct Taxes (CBDT) has issued a notification S.O. 626(E) dated 28th March 2012 vide which e-Filing has been made compulsory for Assessment Year 2012-13 onwards for an individual or a Hindu undivided family, if his or its total income, or the total income in respect of which he is or it is assessable under the Act during the previous year, exceeds ten lakh rupees; and an individual or a Hindu Undivided Family (HUF), being a resident, having assets (including financial interest in any entity) located outside India or signing authority in any account located outside India and required to furnish the return in Form ITR-2 or ITR-3 or ITR-4.

However, digital signature will not be mandatory for these taxpayers and they can also transmit the data in the return electronically and thereafter submit the verification of the return in Form ITR-V.

Filing of returns electronically under digital signatures is already mandatory for any company required to furnish the return in Form ITR-6 or a firm required to furnish the return in Form ITR-5 or an individual or HUF required to furnish the return in Form ITR-4 and to whom provisions of section 44AB are applicable. Source