Quotes About E-filing

Security concerns are especially high with regard to the e-filing of Income Tax returns that is rapidly being extended from commercial entities to individuals. Leading IT security experts and tax consultants are unhappy at the lack of security in e-filing of Income Tax returns.

In the e-filing system, the accountant has the user identity and password of each company. This would potentially allow a rogue accountant to play serious mischief with the accounts of an entity.