Question
Which section of the Information Technology Act, 2000
dals with penalty for breach of confidentiality and privacy?Solution
Section 72 Penalty for Breach of confidentiality and privacy- Save as otherwise provided in this Act or any other law for the time being in force, if any person who, in pursuance of any of the powers conferred under this Act, rules or regulations made thereunder, has secured access to any electronic record, book, register, correspondence, information, document or other material without the consent of the person concerned discloses such electronic record, book, register, correspondence, information, document or other material to any other person shall be punished with imprisonment for a term which may extend to two years, or with fine which may extend to one lakh rupees, or with both
Revenue should be recognized at the point of sale. Which principle is applied here?Â
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The point at which the liability to charge tax arises is called as the Â
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