Digital signature

can anyone give me the drawbacks of digital signatures in CA Profession??

Replies (2)

Hi,

   Interesting question. Digital Signatures, as you know are used by CAs primarily for I-T/RoC purposes. But not sure what can be the drawbacks. Digital signatures have many advantages - they are speedier and eliminate paperwork. (For benefits you can either see the Income Tax website or you can also see the FAQ section on this site on Digital Signature. )

  Often use of digital signatures is mandated (e.g. for filing certain category of returns) whereas in some cases, it facilitates processing (e.g. for getting tax refunds.)

Day-by-day digital signatures are being increasingly used by CAs themselves and many of them are recommending the same to their client. And why not? They are fairly cheap and are obtained by filling up a simple form and submitting basic supporting documents.

Many CAs become franchisees/ resellers of some digital signature provider (e.g. you can see more info here on Digital Signature Franchisee ) whereas other guide their clients to the providers.

Thus honestly, I do not see any specific drawback for any CA in using digital signatures.

But If you have a different opinion, I would love to hear!

Thanks!

 

Note: Links above provided only for giving more info to user.

Thanks sir.....!!

 

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