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India Business News: The Income Tax Appellate Tribunal in Chennai has ordered that Cognizant's Rs 19,000-crore share buyback in 2017-18 attracts dividend distribution tax
Sections of the Indian Penal Code and IT Act are often invoked by police, when it files cases against people alleged to be spreading misinformation and fake news. Here's what some of these sections say.
Experts are of the view that Karnataka's decision to implement a cybersecurity function without directions from the central government appears to be ultra vires and void.
The government's policymaking and future planning are based broadly on this roadmap that will entail time-to-time reviews and monitoring by Chief Minister Yogi Adityanath, they said.
"Finance Act, 2012 mandated that the nature and source of any sum credited as share capital, share premium etc., in the books of a closely held company (excluding venture capital fund or a venture capital company registered with Sebi) shall be treated as explained u/s 68 only if the source of funds from a resident shareholder is also explained by investor," the I-T department said.