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Income tax notification

1. ITR-1, ITR-2 & ITR-4 for AY 2026–27 is now live! Excel utilities, online and Offline filing are enabled on the e-Filing portal.

2. Offline Utility for Form 145 and Form 146 has been enabled on the e-Filing Portal. Users can download, fill, and submit the forms directly through the utility available under Income Tax Act 2025.

3. Form No. 105 (earlier Form No. 10AB) is now available for e-Filing.

4. The Income Tax Act, 1961 stands repealed effective 01.04.2026, pursuant to Section 536 of the Income Tax Act, 2025.

5. New challan forms are live on e-Filing portal for tax payments under the Income Tax Act, 2025. Users are advised to make payments using the new challans only for Tax Year 2026-27.

6. From 1st April 2026, Forms under Income Tax Act, 2025 will be available on the e-Filing Portal. Please select correct form to ensure compliance as per applicable Act.

7. Forms applicable for Assessment Year 2026–27 are available under "Forms as per Income-tax Act, 1961" on the e-Filing portal from 1 April 2026.

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Digital Signature

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What is a Digital Signature?

A Digital Signature is a secure key (USB E-Token) that contains the signature in digital format and is issued for the purpose of validating & verifying a particular person or entity.

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Who Requires a Digital Signature?

It is required by individuals & organizations.

The key (USB E-Token) is generated to the applicant in a secure medium and is used for signing official documents online.


When is Digital Signature Required?

Digital Signature is required when a person or an entity requires performing statutory activities online like filing returns or business registrations etc.


Types of Digital Signature Certificate


Class 1

This class type is used to secure email communications and shall be issued for both business personnel and private individual use.


Class 2

This class type is used for Incorporation of entities, Business Registrations, Income Tax Filing, etc.


Class 3

This class type is used for participating in E-Tendering or E-Auctions.


Platforms Where DSC is Required or Mandatory

Company Incorporation

Digital Signature Certificate is mandatory if you are incorporating a Public Limited Company, Private Limited Company, Limited Liability Partnership or One Person Company.

Obtaining Director Identification Number (DIN)

Digital Signature Certificate (DSC) is mandatory while applying for DIN number.

Ministry of Corporate Affairs (Compliances)

If your business annual turnover exceeds INR 60 Lakhs it is mandatory to verify returns with DSC.

Income Tax

For individuals/professionals having annual gross receipt above INR 25 Lakhs and businesses with turnover above INR 1 Crore, DSC is mandatory for filing income tax returns.

Goods and Service Tax (GST)

Business entities other than Sole Proprietorship must have DSC for GST registration and return filing.

Import & Export Code

DSC is mandatory while applying for Import Export Code.

Intellectual Property Rights

DSC is required for filing Trademark, Patent and other IPR registrations.

E-Tendering

Class 3 DSC is essential for participating in E-Tendering and E-Auctions.

Employee Provident Fund

Employers can use Class 2 Gold or Class 3 DSC for submitting PF transfer claim forms online.


Key Points About Digital Signature Certificates (DSC)


1. Authentication

A digital signature is the digital equivalent of a handwritten signature or stamped seal with higher security.

It verifies the sender identity and ensures documents are not altered during transmission.


2. Components

Public Key – Used for verification and freely available.

Private Key – Kept secret and used for signing documents.


3. Uses

Online Transactions

Digital signatures ensure authenticity and integrity in online transactions.

Legal Documents

Digital signatures are legally valid in many countries and used in contracts and legal documents.

Government Transactions

Many government forms and procedures require digital signatures.


4. Digital Signature Certificate (DSC)

A DSC is a secure digital key issued by Certifying Authorities for validating the identity of the certificate holder.

It contains information such as user name, pin code, country, email address, date of issue and certifying authority details.


5. Certifying Authorities

Certifying Authorities (CAs) issue digital certificates and validate authenticity of digital signatures.

CAs are regulated by laws and standards to ensure reliability and trustworthiness.


6. Classifications

Class 1 DSC – Used for securing email communication.

Class 2 DSC – Used for company registration, GST and IT filing.

Class 3 DSC – Highest level requiring physical verification before Registration Authority.


Documents Required for DSC Class 1

The exact documents required may vary slightly depending on the Certifying Authority.


1. Proof of Identity (PoI)

Any one of the following documents may be submitted:

PAN Card

Passport

Aadhaar Card

Driving License

Voter ID Card


2. Proof of Address (PoA)

Any one of the following documents may be submitted:

Aadhaar Card

Passport

Driving License

Voter ID Card

Utility Bills not older than 3 months

Bank Statement attested by bank

Ration Card


3. Passport Size Photographs

Generally two passport-size photographs are required.


4. Email ID and Mobile Number

Applicant must have active email ID and mobile number.


5. Application Form

A duly filled and signed application form provided by the Certifying Authority is required.


6. Self-Attested Documents

Copies of PoI and PoA documents must be self-attested.


7. Organization Documents (If Applicable)

Certificate of Incorporation

Memorandum and Articles of Association

Board Resolution authorising applicant to obtain DSC


8. Additional Documents

Certain Certifying Authorities may request additional documents based on internal policies.


Key Differences of DSC Class 1, Class 2 and Class 3


1. Class 1 Digital Signature Certificate

Verification Process: Verification is done against a pre-verified database.

Use Cases: Used for securing email communication and basic online activities.

Validation: Does not validate identity beyond basic credentials.


2. Class 2 Digital Signature Certificate

Verification Process: Verification is done using official government databases.

Use Cases: Used for GST filings, Income Tax filings and company registrations.

Validation: Validates identity using official databases.


3. Class 3 Digital Signature Certificate

Verification Process: Requires physical presence before Registration Authority.

Use Cases: Used for legal documents, tenders and high-security transactions.

Validation: Provides highest level of identity assurance.


Key Differences

Verification Level – Class 1 is lowest, Class 2 is intermediate and Class 3 is highest.

Use Cases – Different classes are used for different types of transactions.

Authentication Level – Class 3 provides the highest security.

Applicant Presence – Class 3 requires physical verification while Class 1 and Class 2 generally do not.

While choosing a DSC class, it is important to consider the transaction requirements and level of security needed.

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