Clause 250 - Presumption as to assets, and books of account, in certain cases. - Direct Taxes Code, 2010

Presumption as to assets, and books of account, in certain cases. 250. (1) Where during the course of any search made under section 135, any material has been found in the possession or control of any person and such material is tendered by the prosecution in evidence against such person or against such person and the person referred to in section 247 for an offence under this Code, the provisions of section 311 shall, so far as may be, apply in relation to such material. (2) Where any material taken into custody, from the possession or control of any person, is delivered to the requisitioning officer under section 136 and such material is tendered by the prosecution in evidence against such person or against such person and the person referred to in section 247 for an offence under this Code, the provisions of section 311 shall, so far as may be, apply in relation to such material.