Presumption as to assets, books of account, etc.

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..... 7 or survey under section 253, it may, in any proceeding under this Act, be presumed- (a) that such books of account, other document, money, bullion, jewellery, virtual digital asset or other valuable article or thing belong or belongs to such person; (b) that the contents of such books of account and other document are true; (c) that the signature and every other part of such books of accou .....

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..... ) or (b) or (c) of the said section, had been found in the possession or control of that person in the course of a search under section 247. - Clause 524 of the Bill provides for a rebuttable presumption with respect to books of account, other documents, money, bullion, jewellery or other valuable article or thing found in the possession or control of any person in the course of a search or sur .....

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