Benefits of DSC are: * The authenticity of documents as digitally signed documents gives confidence to the receiver to be assured of the signer’s authenticity. And, they can take action on the basis of such documents without getting worried about the documents being forged.

• Data integrity as digitally signed documents cannot be altered or edited after signing, which makes the data safe and secure.

Rather than signing the documents physically and scanning them to send them via e-mail, you can put the electronic signature on PDF files online and send them which is money and time savvy respectively.

Application of DSC is required to be made in digital signature application form along with a self-attested copy of PAN card (Mandatory for IT and MCA Filing of a local resident) and 1 Address Proof (Preferably AADHAR Card). This DSC form class 2 & 3 vary depending on the vendor but it contains the more or less same information. After Application is submitted, the Certifying Authority (CA) will process the application and will send one confirmation message on the applicant’s mobile number for verification along with Video Verification. On completing mobile & video verification, the DSC will be issued in the name of the applicant. MCA

Documents/information required for new DSC or DSC Renewal are:

• Identity Proof (Self-attested PAN card)
• Address Proof (Self-attested Aadhar Card)
• 1 photograph, unique email id and contact number along with DSC application form.

Class 2 Digital signature: Digital signature certificate class 2 is a digital signature where the identity of a person is verified against a trusted, pre-verified database. It is used where the risk of data is moderate. They are issued to the directors/signatory authorities of the companies for the purpose of e-filing with the Registrar of Companies (ROC).

Class 3 Digital signature: Digital signature certificate class 3 are the highest level of digital signature where the person needs to present himself or herself in front of a Registration Authority (RA) and prove his/ her identity. It is used where the risk of data is at an extreme level. They are used by Individuals, Companies, and Organizations who take part or who wish to take part in e-Tendering, e-Procurement, e-Ticketing, IPO, Patent, and Trademark filing process on various websites in India.

DSC is mandatory in income tax filing for all the Individuals, Partnership firms, Companies, HUF, Chartered Accountant, Tax Practitioner etc. who are under the preview of tax audit and professional doing tax audit. A Class 2 Digital Signature is required for the same. A Tax Payer who is not coming under the preview of the tax audit can also file the return through Digital Signature and no need to send acknowledgment by post in CPC Bangalore.

Books of accounts comprise of original and carbon copies of bills/invoices/receipts, a journal, a ledger book, a trial balance, cash book, Profit and Loss A/c, Balance Sheet and Cash Flow Statements.