Income Tax Audits Now Accept Aadhaar OTP, Eliminating Need for Digital Signature in the case of Individual Assessee


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	Blog Categories All GST (9) Income Tax (4) Income Tax Audits Now Accept Aadhaar OTP, Eliminating Need for Digital Signature in the case of Individual Assessee Category: Income Tax, Posted on: 09/08/2024 , Posted By: CA NITIN GUPTA Visitor Count:2823 Respected Members Greetings of the day! Income Tax Audits Now Accept Aadhaar OTP, Eliminating Need for Digital Signature in the case of Individual Assessee The individual taxpayers undergoing tax audits no longer need a Digital Signature Certificate ( DSC ) to approve their audits The Income Tax Department has announced that individual taxpayers undergoing tax audits no longer need a Digital Signature Certificate ( DSC ) to approve their audits. Instead, they can now use an Aadhaar One-Time Password ( OTP ) for this purpose. There was no provision in the Income Tax Act mandating individuals to use Digital Signatures for the approval of tax audits. Recognizing this, the Income Tax Department has now updated the Income Tax Portal, enabling individual taxpayers to approve their tax audits using an Aadhaar OTP Step-by-Step Guide: 1. Select the Request to be Accepted: ○ Log in to the e-Filing portal. ○ Navigate to the section where you can choose the request related to tax audit approval. 2. Select Method for Verification: ○ During the form submission process, opt for the Aadhaar OTP verification method. 3. Form Submission and Verification: ○ After selecting the Aadhaar OTP option, you will receive an OTP on your mobile number registered with Aadhaar. ○ Enter the OTP in the provided field to complete the verification process DIGITAL SIGNATURE CERTIFICATE A Digital Signature Certificate ( DSC ) is the electronic equivalent of a physical certificate, serving as proof of identity for individuals or organisations online. It authenticates electronic documents in the same way a handwritten signature validates printed or handwritten documents. DSC can be used to e-Verify returns filed by taxpayers and is mandatory in some cases. e-Filing users need a DSC to sign Income Tax Returns, statutory forms, or to verify responses to notices from the Income Tax Department and refund reissue requests. The users must register their DSC with the e-Filing system before signing or verifying any document With Warm Regards CA Nitin Gupta B.com, FCA, DISA, DIRM, DITL Secretary CIRC of ICAI Candidate for Regional Council Election 2024 (CIRC) III-B-1, Ist Floor, Nehru Nagar, Near Holi Child School, Ghaziabad- 201001 Mob. 8287477398, 9810777398 Email: nitinguptafca@gmail.com Disclaimer: The content of the blog does not create any responsibility of the firm / its authorized persons whose website is being accessed. The blog is not for legal use. Kindly verify the correctness of data/contents from your own sources. This is only for information purpose. To Activate comments you need to provide details for google authentication and facebook authentication

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