What is the maximum compensation that can be imposed on an organization for negligence in implementing reasonable security practices as defined in Section 43A of ITAA, 2008?

What is the maximum compensation that can be imposed on an organization for negligence in implementing reasonable security practices as defined in Section 43A of ITAA, 2008?
A . Uncapped compensation
B. 5 crores
C. 15 crores or 4% of the global turnover
D. 5 lakhs

View Answer

Answer: C