Tag Archives: ITA 2008

Supreme Court on Section 79(3) and 69A of ITA 2008

Posted on March 30, 2015 by Vijayashankar Na

In the din created by the striking down of Section 66A, the part of the judgement that related to Sections 79(3) and 69A have been submerged. Let’s now see what the judgement says about these two sections. Section 79 provides … Continue reading →

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New Banking Licenses in India

Posted on July 7, 2013 by Vijayashankar Na

The recent decision of RBI to  invite fresh applications for new Banking licenses have evoked response from 26 applicants. The undersigned who joined the Banking industry in 1973 and has been in working in the industry upto 1987 and later … Continue reading →

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Drawing Attention of Media on this Karnataka High Court hearing

Posted on May 26, 2013 by Vijayashankar Na

On 27th May 2013, an interesting writ petition is coming up before the Karnataka High Court (WP 21049/2013 at Court Hall No 9, #54). This petition has been filed by Axis Bank Ltd against the Adjudicator of Karnataka as the first respondent and Gujarat Petrosynthese Ltd as … Continue reading →

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Cloud Computing and ITA 2008

Posted on January 22, 2013 by Vijayashankar Na

Though “Cloud Computing” has been on discussion for the last 4 to 5 years, the rate of adoption is considered slower than expected. One of the main reasons is that during this period while there are new developments in the … Continue reading →

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Banks Should Report Data Breach Incidents

Posted on December 19, 2012 by Vijayashankar Na

European Union is considering mandatory data breach notification by Banks and other critical infrastructure services. A draft proposal to this effect is under consideration. At present one of the hindrances to Cyber Crime Insurance is the lack of adequate information … Continue reading →

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Section 66A is not meant for “Cyber Defamation”

Posted on December 19, 2012 by Vijayashankar Na

Besides other issues confronting our country today, if we restrict our focus to the Cyber Law domain, two major issues are in focus. One is the debate on whether Section 66A of ITA 2008 is constitutionally valid and the other … Continue reading →

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