"The Information Technology Act, 2000 does not apply to certain documents or transactions." Explain.
CS Professional · Information Technology and Systems Audit · PYQS · June 2016
"The Information Technology Act, 2000 does not apply to certain documents or transactions." Explain.
Answer & Explanation:
As per Section 1(4) of Information Technology Act, 2000, nothing in this Act applies to documents or transactions specified in the First Schedule by way of addition or deletion of entries thereto. The following documents and transactions are specified in the First Schedule of the Act: A negotiable instrument (other than a cheque) as defined in section 13 of the Negotiable Instruments Act, 1881; A power-of-attorney as defined in section 1A of the Powers-of-Attorney Act, 1882; A trust as defined in section 3 of the Indian Trusts Act, 1882; A will as defined in clause (h) of section 2 of the Indian Succession Act, 1925 including any other testamentary disposition by whatever name called; Any contract for the sale or conveyance of immovable property or any interest in such property; Any such class of documents or transactions as may be notified by the Central Government in the Official Gazette.
Topics: Information Technology Act, 2000
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