Income Tax Act, 1962 (Act No. 58 of 1962)
Chapter III : General Provisions
80G. Presumption of purpose
|(1)||An avoidance arrangement is presumed to have been entered into or carried out for the sole or main purpose of obtaining a tax benefit unless and until the party obtaining a tax benefit proves that, reasonably considered in light of the relevant facts and circumstances, obtaining a tax benefit was not the sole or main purpose of the avoidance arrangement.|
|(2)||The purpose of a step in or part of an avoidance arrangement may be different from a purpose attributable to the avoidance arrangement as a whole.|
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Magistrates Act, 1993