Question
Which of the following is NOT one of the explicit
factors to be considered by the adjudicating officer while determining the quantum of compensation under the IT Act, 2000?Solution
Section 47 of the IT Act explicitly lists three factors for determining compensation: 1. Amount of unfair gain, 2. Amount of loss caused, and 3. Repetitive nature of the default. The financial position of the accused is not mentioned as a factor. Therefore, Option D correctly identifies something that is not an explicit statutory consideration, while Option E is incorrect because not all options listed are statutory factors.Β
Which of the following is incorrect when calculating the turnover of an enterprise for classification as micro, small, or medium? Β
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Β Mortgage is defined under:
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