Penalty for alteration, destruction, etc., of records and failure to protect the electronic database of Board

Penalty for alteration, destruction, etc., of records and failure to protect the electronic database of Board https://www.taxtmi.com/acts?id=37334 Section 15HAA criminalises deliberate interference with records and the Board's electronic regulatory database, listing unauthorised access, alteration, destruction, copying, introduction of computer viruses, disruption, damage, and aiding others as prohibited acts. Failure to report or preserve relevant records is treated as alteration. Penalties range from a statutory minimum to a high statutory cap or a multiple of profits derived from the act, with Information Technology Act definitions applied to computer-related terms. en-us Mon, 05 Aug 2019 10:53:40 +0530 Mon, 05 Aug 2019 10:53:40 +0530 TaxTMI RSS Generator Penalty for alteration, destruction, etc., of records and failure to protect the electronic database of Board https://www.taxtmi.com/acts?id=37334 Section 15HAA criminalises deliberate interference with records and the Board's electronic regulatory database, listing unauthorised access, alteration, destruction, copying, introduction of computer viruses, disruption, damage, and aiding others as prohibited acts. Failure to report or preserve relevant records is treated as alteration. Penalties range from a statutory minimum to a high statutory cap or a multiple of profits derived from the act, with Information Technology Act definitions applied to computer-related terms. Act-Rules SEBI Mon, 05 Aug 2019 10:53:40 +0530 https://www.taxtmi.com/acts?id=37334