Page 6 - It Act News Today

VARANASI: Two students of BHU have been arrested for allegedly forcing a man into unnatural sex in their hostel room after befriending him on a social.

A rule change in the Income Tax Act, aimed at ensuring prompt payment to micro and small enterprises, has inadvertently led to widespread concern among businesses

India Business News: The Income Tax Appellate Tribunal (ITAT) Mumbai ruled that a denied claim does not constitute concealment of income or furnishing inaccurate particula

CTET 2024: CBSEs move towards digital marksheets and certificates not only aligns with contemporary practices but also demonstrates a commitment to enhancing accessibility, reducing environmental impact, and fostering technological integration in education-related processes.

In case of failure of the intermediaries to observe the legal obligations as provided in the IT Rules, 2021, "they lose their safe harbour protection under section 79 of the IT Act and shall be liable for consequential action or prosecution as provided under any law for the time being in force including the IT Act and the Indian Penal Code, including section 469 of the IPC".

Indian businesses are facing a higher tax outgo due to a new law that requires them to clear outstanding dues to small and micro vendors within 45 days. The law, passed in 2023 and unchanged in the 2024 budget, treats incurred expenditures as income on which tax must be paid for FY 24-25. Many businesses are consulting auditors and tax experts to estimate the extent of the impact and find ways to avoid a tax blow. Some small units are even considering surrendering their small and micro registrat...

Legal experts say the provision has created a grey area for who can direct intermediaries to remove content, for what reason, and if it can be challenged | Latest News India

Mehdi Masroor Biswas, originally from Kolkata, was arrested by the Bengaluru Police in 2014 for running a Twitter account that posted several tweets supporting the ideology of the Islamic State (ISIS).

The government has no issues with anonymous accounts on social media but platforms should develop a mechanism to verify users so that in case of any unlawful activity, they can be identified, said electronics and information technology minister of state Rajeev Chandrasekhar.

The government has no issues with anonymous accounts on social media but platforms should develop a mechanism to verify users so that in case of any unlawful activity, they can be identified, said electronics and information technology minister of state Rajeev Chandrasekhar.