Comparison of section 524 'Presumption as to assets, books of account, etc.' between the Income-Tax Act, 2025 (as passed) and the Income-Tax Bill, 2025 (as originally introduced)

Law creates rebuttable presumption that items found under sections 247, 248, 253 belong to possessor and electronic records are authentic

Where enumerated items are found in the course of a search under section 247 or survey under section 253 (or delivered to a requisitioning officer under section 248), the provision creates a rebuttable presumption that the items belong to the possessor, that book/document contents are true, handwriting/signatures are genuine, and stamped documents were duly executed; the enacted text expands the Bill by expressly including electronic information and computer systems and adds a specific presumption that an electronic exchange recorded on such systems occurred between the purported parties, thereby broadening evidentiary reach and increasing the initial burden to rebut.