Please help!
This query is : Resolved
Guest
Guest
(Querist)
25 January 2013
We have a cloth business and a house both of which is registered at my fathers name.
my fathers cousin has been filing our business income tax return from many years.
recently i have discovered that he has made digital signature of of father for the purpose of filing return.
Neither my fater nor i knows what this is to which he says it is compulsory to get digital signature.
all the password and everything of digital signature my father cousin has it.
WHAT IS THIS DIGITAL SIGNATURE ??
AND CAN HE MISUSE THIS DIGITAL SIGNATURE TO TRANSFER MY FATHERS HOUSE PROPERTY AND BUSINESS IN HIS OWN NAME?????????
PLZZZ HELP I AM IN DILEMMa as what to do...
my fathers cousin has been filing our business income tax return from many years.
recently i have discovered that he has made digital signature of of father for the purpose of filing return.
Neither my fater nor i knows what this is to which he says it is compulsory to get digital signature.
all the password and everything of digital signature my father cousin has it.
WHAT IS THIS DIGITAL SIGNATURE ??
AND CAN HE MISUSE THIS DIGITAL SIGNATURE TO TRANSFER MY FATHERS HOUSE PROPERTY AND BUSINESS IN HIS OWN NAME?????????
PLZZZ HELP I AM IN DILEMMa as what to do...
25 January 2013
see digital signatures are now mandatory due to e filings, but you have to keep all with urself
25 January 2013
Like physical documents are signed manually, electronic documents, for example e-forms are required to be signed digitally using a Digital Signature Certificate.
property cant be transferred.
Like physical documents are signed manually, electronic documents, for example e-forms are required to be signed digitally using a Digital Signature Certificate.
property cant be transferred.
25 January 2013
Till date there are no provisions in india
which permit property to be transfered electronically. It has to be done physically through physical stamp papers. So dont worry for the property.
It is a signature which is used to sign the electronic documents. So it has same value that of your fathers physical signature. So you should keep it with you in safe hands. Moreover, the digital signature is required to file income tax return only in case if your firm is covered under audit.
which permit property to be transfered electronically. It has to be done physically through physical stamp papers. So dont worry for the property.
It is a signature which is used to sign the electronic documents. So it has same value that of your fathers physical signature. So you should keep it with you in safe hands. Moreover, the digital signature is required to file income tax return only in case if your firm is covered under audit.
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