Scope & Objectives of IT Act 2000 Presented By Anjali Singh Poonam Nishad
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.
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.
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.
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
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.
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.
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.
Advantages Helpful to promote e-commerce. Enhance the corporate business. High penalty for cyber crime. Filling online forms .
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.