Section 66B of ITA, 2000 : Section 66B: Punishment For Dishonestly Receiving Stolen Computer Resource Or Communication Device

Explanation using Example

Let's consider a scenario where John, a college student, buys a used laptop from his friend, Mark. Mark had stolen this laptop from their college lab. John was aware that the laptop was stolen but still decided to buy and use it for his personal work. In this case, under Section 66B of The Information Technology Act, 2000, John can be prosecuted for dishonestly receiving and retaining a stolen computer resource. If found guilty, he could face up to three years in prison or a fine up to rupees one lakh, or both.