CORPORATE TAX UPDATE FOR 25th OCTOBER 2015

CORPORATE TAX UPDATE FOR 25th OCTOBER  2015

 Aadhaar eKYC Process for DSC

 Aadhaar eKYC is a paperless process for Digital Signature Issuance where in identity and address of the subscriber are verified through Aadhaar authentication. This a convenient mode of obtaining Digital Signature (DSC) as there is no need to submit the Hard copies of Form and documents and no need to attestation of any documents. Further Mobile Verification, Video Recording (For Class 3 DSC) is NOT REQUIRED under eKYC Mode

 Biometric Device – Finger Print Scanner will be required for Authentication using eKYC Mode.

 Comparison of process for Individual Digital Certificate               

	Normal Process	Aadhaar eKYC
Attestation on ID & Address proof	Required	Not Required
Mobile Verification	Required	Not Required
Mail Verification	Required	Not Required
Video Verification	Required for Class 3	Not Required

 Advantage of Aadhaar eKYC

 According to Identity Verification Guidelines of CCA, the normal KYC process requires paper documents to be submitted, which should contain the attestation by Gazetted Officer / Bank Manager / Post Master. Subsequently CA should also carry out Mobile verification, Email Verification and Video Verification (in case of class 3) of the subscriber, as per details provided in application form

Using Aadhaar eKYC, the hassles and the delays of attestations and other verification is brought to minimum. Thereby ensuring faster processing and issuance of Digital Certificate.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances; Hope the information will assist you in your Professional endeavors. For query or help, contact:info@caindelhiindia.com or call at 011-23343333

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