Legal Aspects Of Business

Information Technology Act

PRESENTED BY
RAKSHITHA.R

Introduction About IT Act

Information

Technology is one of the

important Law relating to Indian Cyber
Laws.IT had passed in Indian Parliament
in 2000. This Act is helpful to promote
Business with the help of INTERNET. IT
also set of Rules and Regulations which
apply on any Electronic Business
Transaction.

Objectives

Legal recognition for transaction carried out by

electronic methods of communication.

To facilitate electronic filing of documents.

To stop computer crime and protect privacy of

internet users

Legal sanctity accorded to all electronic

records and other activities carried out by
electronic means.

Cont.

Acceptance of contract may be expressed by

electronic means of communication and the
same shall have legal validity and
enforceability.

To make more power to IPO,RBI and Indian

Evidence Act for restricting Electronic crime.

Scope of IT Act

IT 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 2 witnesses is must.

A contract of Sale of any Immovable Property.

Attestation for giving Power of Attorney of

Property is not possible Via Electronic Record.