Transcript: #StandardsGoals for 2024: What’s new for BISAC - Tech Forum 2024
Scope & Objectives of IT Act 2000.pptx
1. Scope & Objectives of
IT Act 2000
Presented By
Anjali Singh
Poonam Nishad
2. Introduction
• The electronic transaction like other parts of the globe, are in
popular in India, however they were without legal security before
the establishment of IT Act 2000.
• The increasing growth of the electronic commerce, popularity called
E-Commerce, made it compulsory to have legal protection to such
transaction.
• The Indian parliaments took a important step by passing the
Information Technology Act, 2000.
3. Objective of IT Act
This IT Act has the following Objects:
• Granting legal recognition to all transactions done through
electronic data exchange, other means of electronic communication
or e-commerce in place of the earlier paper-based communication.
• To give legal recognition to digital signature for accepting any
agreement via computer.
• Facilitate the electronic filing of documents with Government
agencies and also departments.
4. Objective Conti…
• According to I.T. Act 2000, any company can store their data in
electronic storage.
• To stop computer crime and protect privacy of internet users.
• To give legal recognition for keeping books of accounts by bankers
and other companies in electronic form.
• To provide facility of filling document online relating to school
admission or registration in employment exchange.
5. Features of IT Act 2000
Following are the features of IT Act, 2000:
• All electronic contracts made through secure electronic channels
are legally valid.
• Legal recognition for digital signatures.
• Security measures for electronic records and also digital signatures
are in place
• The Act applies to offences or contraventions committed outside
India
6. Scope of IT Act 2000
• Information Technology Act 2000 is not applicable on the attestation
for creating trust via electronic way. Physical attestation is must.
• IT Act 2000 is not applicable on the attestation for making will of
any body. Physical attestation by two witness is must.
• A contract of sale of any immovable property.
• Attestation for giving power of attorney of property is not possible
via electronic record.
7. Applicability of Act
• According to Section 1 (2), the Act extends to the entire country, which
also includes Jammu and Kashmir.
• Section 1 (2) along with Section 75, specifies that the Act is applicable to
any offence or contravention committed outside India as well.
• If the conduct of person constituting the offence involves a computer or a
computerized system or network located in India, then irrespective of
his/her nationality, the person is punishable under the Act.
8. Non-applicability of Act
This Act is not applicable to the following documents:
• Execution of a Power of Attorney under the Powers of Attorney Act,
1882.
• Creation of Trust under the Indian Trust Act, 1882.
• Execution of Negotiable Instrument under Negotiable Instruments
Act, 1881, except cheques.
• Entering into a contract for the sale of conveyance of immovable
property or any interest in such property.
9. Advantages
• Helpful to promote e-commerce.
• Enhance the corporate business.
• High penalty for cyber crime.
• Filling online forms.
10. Shortcoming of IT Act 2000
• Infringement of copyright has not been included in this law.
• No protection for domain names.
• Act is silent on taxation.
• The act is not applicable on the power of attorney, trust and will.