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Soon file your I-T returns without digital signature

Currently, taxpayers have to submit a paper verification form ITR V if they do not have digital signatures

June 24, 2013 2:24 IST | India Infoline News Service
The income-tax department is considering to give electronic PIN (personal identification number) to taxpayers so that digital signatures are not required at the time of filing returns, according to a media report.

The I-T department is working on how to make the process of the electronic return filing a hassle-free task, the report added.

The new system would require a change in the Information Technology Act and is said to will benefit over 20 million taxpayers in the country.

The department expects changes in the Information Technology Act by September 2013.

However, individual taxpayers will not be able to benefit from this facility in the current year as their deadline for filing returns is July 31.

Currently, taxpayers have to submit a paper verification form ITR V if they do not have digital signatures even if they have filed electronic return to validate their return.

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