@mudraforge/statutory 2.10.0 → 2.11.0

package/docs/CORPUS_QUALITY.md

@@ -1,9 +1,9 @@
 # MudraForge Statutory Knowledge Quality Card
 
 > **Format Reference**: Inspired by Google's *Data Cards Playbook* and the OpenSSF Project Quality Standards.  
-> **Target Package**: `@mudraforge/statutory` v2.10.0  
+> **Target Package**: `@mudraforge/statutory` v2.11.0  
 > **Evaluation Mode**: Machine-audited against primary sources, official gazettes, and test fixtures.  
-> **Generated Timestamp**: 2026-10-26T21:04:24.978Z
+> **Generated Timestamp**: 2026-10-29T07:06:23.134Z
 
 ---
 
@@ -11,12 +11,12 @@
 
 | Dimension | Metric | Denominator / Baseline | Coverage Rate | Status |
 | :--- | :--- | :--- | :--- | :--- |
-| **Primary Source Citations** | 76 resolvable gazette URLs | 76 total citations declared | **100.0%** | VERIFIED |
-| **Temporal Validity Bounds** | 29 sections with explicit dates | 29 total bundled sections | **100.0%** | VERIFIED |
-| **Dual-Act 2025 Transition Bridges** | 9 direct tax provisions mapped | 10 direct tax provisions | **90.0%** | VERIFIED |
-| **Attached Administrative Circulars** | 30 official circulars | 29 provisions across active domains | **100% Attached** | VERIFIED |
-| **Attached Return/Compliance Schemas** | 27 schemas/templates | 29 provisions across active domains | **100% Attached** | VERIFIED |
-| **Cryptographic Merkle Verification** | 86 bundle files verified | SHA-256 Merkle root digest | **0 Mismatches** | VERIFIED |
+| **Primary Source Citations** | 98 resolvable gazette URLs | 98 total citations declared | **100.0%** | VERIFIED |
+| **Temporal Validity Bounds** | 37 sections with explicit dates | 37 total bundled sections | **100.0%** | VERIFIED |
+| **Dual-Act 2025 Transition Bridges** | 15 direct tax provisions mapped | 16 direct tax provisions | **93.8%** | VERIFIED |
+| **Attached Administrative Circulars** | 38 official circulars | 37 provisions across active domains | **100% Attached** | VERIFIED |
+| **Attached Return/Compliance Schemas** | 37 schemas/templates | 37 provisions across active domains | **100% Attached** | VERIFIED |
+| **Cryptographic Merkle Verification** | 112 bundle files verified | SHA-256 Merkle root digest | **0 Mismatches** | VERIFIED |
 
 ---
 
@@ -50,15 +50,22 @@
 | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- |
 | **ITA-SEC-79** | Carry Forward and Set Off of Accumulated Losses on Change in Shareholding | Income-tax Act, 1961 (Act No. 43 of 1961) | `1962-04-01` to `OPEN_ENDED` | `ACTIVE` | 3 | 1 | 1 | Income-tax Act, 2025 (Chapter on Set-off and Carry Forward of Losses) (Provisions on Loss Set-Off on Shareholding Continuity) |
 | **50B** | Special provision for computation of capital gains in case of slump sale | Income-tax Act, 1961 (Act No. 43 of 1961) | `2000-04-01` to `OPEN_ENDED` | `ACTIVE` | 3 | 2 | 2 | Income-tax Act, 2025 (Section 78 (Capital gains on slump sale of undertakings)) |
+| **281** | Certain Transfers to be Void & Tax Clearance Requirements in Corporate Restructuring (Section 281) | Income-tax Act, 1961 (Act No. 43 of 1961) | `1962-04-01` to `OPEN_ENDED` | `ACTIVE` | 3 | 1 | 1 | Income-tax Act, 2025 (Section 497 (Transfers to defraud revenue to be void)) |
 | **115BAA-115JB** | Tax on income of certain domestic companies (Section 115BAA) and Minimum Alternate Tax (Section 115JB) | Income-tax Act, 1961 (Act No. 43 of 1961) | `2019-04-01` to `OPEN_ENDED` | `ACTIVE` | 3 | 1 | 1 | Income-tax Act, 2025 (Chapter XI (Corporate Taxation & Special Regimes)) |
 | **206AB** | Special provision for deduction of tax at source for non-filers of income-tax return (Omitted effective 1 April 2025) | Income-tax Act, 1961 (Act No. 43 of 1961) | `2021-07-01` to `2025-03-31` | `SUNSET_SUPERSEDED` | 1 | 1 | 0 | Finance Act, 2025 (Statutory Omission) (Section 206AB Omitted) |
+| **43B** | Statutory Disallowance on Certain Deductions to be Only on Actual Payment (Section 43B) and Employee Welfare Deductions (Section 36(1)(va)) | Income-tax Act, 1961 (Act No. 43 of 1961) | `1984-04-01` to `OPEN_ENDED` | `ACTIVE` | 3 | 1 | 1 | Income-tax Act, 2025 (Section 47 (Deductions on actual payment basis) and Section 35(1)(xvi)) |
 | **206C(1H)** | Collection of tax at source by seller on receipt of consideration for sale of goods (Omitted effective 1 April 2025) | Income-tax Act, 1961 | `2020-10-01` to `2025-03-31` | `SUNSET_SUPERSEDED` | 2 | 1 | 0 | Finance Act, 2025 (Statutory Sunset) (Section 206C(1H) Omitted) |
 | **194H** | Deduction of tax at source on commission or brokerage | Income-tax Act, 1961 (Act No. 43 of 1961) | `2001-06-01` to `2026-03-31` | `SUNSET_SUPERSEDED` | 3 | 1 | 1 | Income-tax Act, 2025 (Section 393(1), Table 4, Item (i)) |
 | **194C** | Deduction of tax at source on payments to contractors and sub-contractors | Income-tax Act, 1961 (Act No. 43 of 1961) | `1972-04-01` to `2026-03-31` | `SUNSET_SUPERSEDED` | 3 | 1 | 2 | Income-tax Act, 2025 (Section 393(1), Table 3, Item (i)) |
+| **194O** | Payment of certain sums by e-commerce operator to e-commerce participant | Income-tax Act, 1961 (Act No. 43 of 1961) | `2020-10-01` to `2026-03-31` | `SUNSET_SUPERSEDED` | 3 | 1 | 1 | Income-tax Act, 2025 (Section 393(1), Table 8, Item (i)) |
 | **194Q** | Deduction of tax at source on payment of a certain sum for purchase of goods | Income-tax Act, 1961 (Act No. 43 of 1961) | `2021-07-01` to `2026-03-31` | `SUNSET_SUPERSEDED` | 2 | 2 | 2 | Income-tax Act, 2025 (Section 393(1), Table 8, Item (ii)) |
 | **393** | Deduction of tax at source on payment of a certain sum for purchase of goods | Income-tax Act, 2025 (Act No. 1 of 2025) | `2026-04-01` to `OPEN_ENDED` | `ACTIVE` | 3 | 0 | 0 | N/A |
-| **194R** | Deduction of tax at source on benefit or perquisite in respect of business or profession | Income-tax Act, 1961 (Act No. 43 of 1961) | `2022-07-01` to `OPEN_ENDED` | `ACTIVE` | 2 | 1 | 0 | Income-tax Act, 2025 (Section 393(1), Table 8, Item 12) |
+| **194M** | Payment of Certain Sums by Certain Individuals or Hindu Undivided Family (Section 194M) | Income-tax Act, 1961 (Act No. 43 of 1961) | `2019-09-01` to `2026-03-31` | `SUNSET_SUPERSEDED` | 2 | 1 | 1 | Income-tax Act, 2025 (Section 393(1), Table 5, Item (m)) |
+| **194A** | Deduction of tax at source on payment of interest other than interest on securities | Income-tax Act, 1961 (Act No. 43 of 1961) | `1967-04-01` to `2026-03-31` | `SUNSET_SUPERSEDED` | 3 | 1 | 2 | Income-tax Act, 2025 (Section 393(1), Table 4, Item (i)) |
+| **194R** | Deduction of tax at source on benefit or perquisite in respect of business or profession | Income-tax Act, 1961 (Act No. 43 of 1961) | `2022-07-01` to `OPEN_ENDED` | `ACTIVE` | 2 | 1 | 1 | Income-tax Act, 2025 (Section 393(1), Table 8, Item 12) |
+| **194-IA** | Payment on Transfer of Certain Immovable Property Other than Agricultural Land (Section 194-IA) | Income-tax Act, 1961 (Act No. 43 of 1961) | `2013-06-01` to `2026-03-31` | `SUNSET_SUPERSEDED` | 3 | 1 | 1 | Income-tax Act, 2025 (Section 393(1) Table 4 Item (q)) |
 | **194I** | Deduction of tax at source on payment of rent | Income-tax Act, 1961 (Act No. 43 of 1961) | `1994-06-01` to `2026-03-31` | `SUNSET_SUPERSEDED` | 3 | 1 | 1 | Income-tax Act, 2025 (Section 393(1), Table 5, Item (i)) |
+| **194-IB** | Payment of Rent by Certain Individuals or Hindu Undivided Family (Section 194-IB) | Income-tax Act, 1961 (Act No. 43 of 1961) | `2017-06-01` to `2026-03-31` | `SUNSET_SUPERSEDED` | 2 | 1 | 1 | Income-tax Act, 2025 (Section 393(1), Table 5, Item (ib)) |
 | **194J** | Fees for professional or technical services, royalty, and non-compete fees | Income-tax Act, 1961 | `1995-07-01` to `2026-03-31` | `SUNSET_SUPERSEDED` | 2 | 1 | 1 | Income-tax Act, 2025 (Section 393(1), Table 6, Item (iii)) |
 | **17(5)** | Apportionment of credit and blocked input tax credits | Central Goods and Services Tax Act, 2017 (Act No. 12 of 2017) | `2017-07-01` to `OPEN_ENDED` | `ACTIVE` | 3 | 1 | 1 | CGST Act, 2017 (In force) (Section 17(5)(b)(i) & (b)(iii)) |
 | **8** | Tax liability on composite and mixed supplies and classification of bundled goods and services contracts | Central Goods and Services Tax Act, 2017 | `2017-07-01` to `OPEN_ENDED` | `ACTIVE` | 3 | 1 | 1 | N/A |
@@ -68,6 +75,7 @@
 | **RULE-48(4)** | Mandatory electronic invoicing (E-Invoicing), IRN generation, and invoice validity | Central Goods and Services Tax Rules, 2017 | `2020-10-01` to `OPEN_ENDED` | `ACTIVE` | 2 | 1 | 0 | N/A |
 | **51** | Tax deduction at source under Goods and Services Tax | Central Goods and Services Tax Act, 2017 (Act No. 12 of 2017) | `2018-10-01` to `OPEN_ENDED` | `ACTIVE` | 2 | 1 | 0 | N/A |
 | **16(2)** | Eligibility and conditions for taking input tax credit and mandatory 180-day payment rule | Central Goods and Services Tax Act, 2017 (Act No. 12 of 2017) | `2017-07-01` to `OPEN_ENDED` | `ACTIVE` | 4 | 1 | 1 | CGST Act, 2017 (In force) (Section 16(2), (3), (4), (5), (6)) |
+| **RULE-37-37A** | Reversal of input tax credit in case of non-payment of consideration to vendor within 180 days and non-filing by supplier | Central Goods and Services Tax Act, 2017 (Act No. 12 of 2017) | `2017-07-01` to `OPEN_ENDED` | `ACTIVE` | 3 | 1 | 1 | Central Goods and Services Tax Act, 2017 (Section 16(2) second proviso read with Rule 37 and Rule 37A (as amended)) |
 | **9(3)** | Reverse Charge Mechanism (RCM) mandatory tax liability on recipient, self-invoicing, payment voucher issuance, and electronic cash discharge | Central Goods and Services Tax Act, 2017 read with Notification No. 13/2017-Central Tax (Rate) | `2017-07-01` to `OPEN_ENDED` | `ACTIVE` | 3 | 1 | 1 | N/A |
 | **195** | Deduction of tax at source on foreign cross-border payments to non-residents, DTAA treaty benefits, documentation, Form 15CA/15CB, and cloud software exemption | Income-tax Act, 1961 read with Double Taxation Avoidance Agreements (DTAA) under Section 90 | `1962-04-01` to `OPEN_ENDED` | `ACTIVE` | 3 | 2 | 1 | Income-tax Act, 2025 Section 393(2) (Section 393(2) of Income-tax Act, 2025) |
 | **INDAS-21-109-FX** | Foreign Exchange Monetary Asset/Liability Revaluation and Cash Flow Hedge Accounting | Companies (Indian Accounting Standards) Rules, 2015 read with Section 133 of Companies Act, 2013 | `2016-04-01` to `OPEN_ENDED` | `ACTIVE` | 3 | 1 | 1 | Companies Act, 2013 (Indian Accounting Standards) (Ind AS 21 & Ind AS 109) |

package/docs/DATA_LICENSING.md

@@ -11,7 +11,7 @@ This document clearly distinguishes between:
 
 ## 1. Software Code & Tooling (MIT License)
 
-All executable code, client libraries, CLI binaries, test suites, and validation scripts in this repository are licensed under the **[MIT License](./LICENSE)**:
+All executable code, client libraries, CLI binaries, test suites, and validation scripts in this repository are licensed under the **[MIT License](../LICENSE)**:
 
 - `src/` (Client runtime, resolver, temporal state evaluator)
 - `bin/` (Command-line interface)

package/docs/DOMAIN_BREADTH_AND_DEPTH_COMPARISON.md

@@ -1,8 +1,8 @@
 # MudraForge Statutory Substrate: Breadth & Depth Analysis
 ## Public Package Seed vs. Full Sovereign Operating Engine
 
-> **Document Version**: `1.0.0`  
-> **Package**: `@mudraforge/statutory` (v2.9.0)  
+> **Document Version**: `2.0.0`  
+> **Package**: `@mudraforge/statutory` (v2.10.0)  
 > **Enterprise Sovereign Engine**: MudraForge Adesha Sovereign Runtime  
 > **Specification**: Google Open Knowledge Format (OKF v0.2)  
 
@@ -12,7 +12,7 @@
 
 This document provides the authoritative architectural matrix comparing the **Breadth** (regulatory domains covered) and **Depth** (granularity, operative provisos, evidence attestation, and mathematical enforcement) between:
 
-1. **The Public Package (`@mudraforge/statutory`)**: The lightweight, zero-dependency, offline-capable starter seed published for public AI agents and developer workflows.
+1. **The Public Package (`@mudraforge/statutory`)**: The lightweight, zero-dependency, offline-capable package of 29 verified provisions across 5 foundational domains published for public AI agents and developer workflows.
 2. **The Full Sovereign Engine (Adesha Runtime)**: The private enterprise financial operating substrate governing live Accounts Payable (AP), Treasury, and General Ledger writebacks on the MudraForge Cloudflare Global Anycast Edge.
 
 ---
@@ -23,15 +23,15 @@ This matrix delineates what is **natively bundled in the base package** (zero ne
 
 | # | Regulatory Domain | Base Package (Offline Clone / No Sync) | Edge Synced (`npx ... sync`) | Future Cloud Expansion (Internal Sovereign Engine) | Availability & Status in Package |
 | :-: | :--- | :--- | :--- | :--- | :---: |
-| **1** | **Direct Tax (TDS / TCS)** | Included: 3 core sections (194Q, 194J, 206C(1H) sunset) + 2 CBDT circulars + Form 26Q/16A schemas | Expanded withholding suite (194C contractors, 194I rent, 194H commission, Act 2025 Table 8 crosswalk) | Section 197 TRACES certificate quota vault, advance challan netting, automated double-entry JVs | **Bundled in Base**<br>*(Expanded via Sync)* |
-| **2** | **MSME & Working Capital** | Included: Sections 15 & 16 (15/45-day clock, 3x RBI interest, Sec 43B(h), Trader Exclusion OM, Schedule III disclosure) | Live quarterly RBI repo rate tables & MSEFC state facilitation rules | Multi-interval monthly compounding calculator (`calculateMultiIntervalMsmeInterest`), Sec 23 Form 3CD addback | **Bundled in Base**<br>*(Expanded via Sync)* |
-| **3** | **Indirect Tax (GST & ITC)** | Included: CGST Section 17(5) blocked credit negative list + Circular 172 employer obligations + GSTR-2B Table 4(B) | Section 16(2) 4-way matching rules & 180-day reversal calculation guidelines | Real-time Rule 48(4) IRN hash verification, Rule 89(5) Inverted Duty Structure (IDS) refund engine | **Bundled in Base**<br>*(Expanded via Sync)* |
-| **4** | **Financial Reporting (Ind AS)** | Not bundled in base | Baseline Ind AS 115 & 116 accounting summaries | **Full Indian Accounting Standards (Ind AS) Suite**: Ind AS 115 (5-step, variable constraint), Ind AS 116 (ROU/lease liability), Ind AS 103 (PPA/goodwill/NCI), Ind AS 109 (3-stage ECL), Ind AS 12 (DTA/DTL) | **Planned: Ind AS Expansion Pack** |
-| **5** | **Corporate Governance (MCA)** | Not bundled in base | Companies Act Section 188 threshold guidance | **Full Companies Act 2013 Suite**: Section 188 (RPT audit committee & voting ban), Section 180 (borrowing limits), Section 185/186 (inter-corporate loans), Section 68 (25% buybacks) | **Planned: MCA Expansion Pack** |
-| **6** | **Capital Markets (SEBI LODR)** | Not bundled in base | Regulation 30 materiality guidelines | **SEBI LODR Suite**: Regulation 30 Materiality Triad calculator (2% turnover / 2% net worth / 50% PAT), 24-hr stock exchange disclosure timer, Regulation 23 listed RPTs | **Planned: SEBI Expansion Pack** |
-| **7** | **Cross-Border & FEMA** | Included: IRC 901/904 FTC pass-through baskets + Indian Form 67 & US IRS Schedule K-3 | Foreign vendor DTAA treaty checklists (TRC, No-PE, electronic Form 10F) | Supreme Court *Engineering Analysis* SaaS royalty defense, Form 15CA/CB vs Form 145/146 automated dual-act router | **Bundled in Base**<br>*(Expanded via Sync)* |
-| **8** | **M&A Restructuring & Succession** | Included: Section 50B slump sale net worth computation + Rule 11UAE FMV + Notif 12/2017 0% GST + Form 3CEA schema | Section 281 AO clearance NOC & Section 313 successor liability checklist | Section 50B organic undertaking test, Section 281 AO clearance NOC, Section 313 successor liability, CGST 85, Notification 12/2017 0% GST going concern | **Bundled in Base**<br>*(Expanded via Sync)* |
-| **9** | **Strategic Corporate Tax Planning** | Not bundled in base | Section 115BAA overview | **Strategic Tax Playbook**: Section 115BAA vs MAT credit cliff, Section 80JJAA 30% employment deduction, Section 79 loss continuity, Section 68/115BBE cash credit defense | **Planned: Strategic Tax Pack** |
+| **1** | **Direct Tax (TDS / TCS / Corporate)** | Included: 10 core provisions (194Q, 194J, 194C, 194H, 194I, 194R, 206AB, 206C(1H), 115BAA-115JB, Act 2025 Sec 393) + circulars & Form 26Q/16A/10IC | Real-time CBDT circular updates & threshold changes | Section 197 TRACES certificate quota vault, advance challan netting, automated double-entry JVs | **Bundled in Base**<br>*(Active)* |
+| **2** | **MSME & Working Capital** | Included: 4 provisions (Sections 15 & 16, MSMED-7 criteria, MCA Form MSME-1, Sec 22 Schedule III disclosures) | Live quarterly RBI repo rate tables & MSEFC state facilitation rules | Multi-interval monthly compounding calculator (`calculateMultiIntervalMsmeInterest`), Sec 23 Form 3CD addback | **Bundled in Base**<br>*(Active)* |
+| **3** | **Indirect Tax (GST & ITC)** | Included: 9 provisions (CGST 17(5) blocked credit, 8 composite/mixed, 9(3) RCM, 10 composition, 16(2) 180-day rule, 34 credit/debit notes, 51 TDS, IGST 16 LUT, Rule 48(4) IRN) | Real-time GSTR-2B reconciliation updates & notifications | Real-time Rule 48(4) IRN hash verification, Rule 89(5) Inverted Duty Structure (IDS) refund engine | **Bundled in Base**<br>*(Active)* |
+| **4** | **International Tax & FX** | Included: 4 provisions (Section 195 cross-border TDS, Ind AS 21/109 FX revaluation, IRC 901/904 FTC, Transfer Pricing 92C / Rule 10CA) | Foreign vendor DTAA treaty checklists (TRC, No-PE, electronic Form 10F) | Supreme Court *Engineering Analysis* SaaS royalty defense, Form 15CA/CB automated dual-act router | **Bundled in Base**<br>*(Active)* |
+| **5** | **Corporate M&A & Restructuring** | Included: 2 provisions (Section 50B slump sale net worth computation, Section 79 loss carry-forward & continuity) | Section 281 AO clearance NOC & Section 313 successor liability checklist | Section 50B organic undertaking test, Section 281 AO clearance NOC, Section 313 successor liability, CGST 85 going concern | **Bundled in Base**<br>*(Active)* |
+| **6** | **Corporate Governance (MCA)** | Not bundled in base | Companies Act Section 188 threshold guidance | **Full Companies Act 2013 Suite**: Section 188 (RPT audit committee & voting ban), Section 180 (borrowing limits), Section 185/186 (inter-corporate loans), Section 68 (25% buybacks) | **Planned: MCA Expansion Pack** |
+| **7** | **Capital Markets (SEBI LODR)** | Not bundled in base | Regulation 30 materiality guidelines | **SEBI LODR Suite**: Regulation 30 Materiality Triad calculator (2% turnover / 2% net worth / 50% PAT), 24-hr stock exchange disclosure timer, Regulation 23 listed RPTs | **Planned: SEBI Expansion Pack** |
+| **8** | **Financial Reporting (Advanced Ind AS)**| Core Ind AS 21/109 FX revaluation bundled | Baseline Ind AS 115 & 116 accounting summaries | **Full Indian Accounting Standards Suite**: Ind AS 115 (5-step, variable constraint), Ind AS 116 (ROU/lease liability), Ind AS 103 (PPA/goodwill/NCI), Ind AS 12 (DTA/DTL) | **Planned: Ind AS Expansion Pack** |
+| **9** | **Strategic Corporate Tax Planning** | Section 115BAA & Section 79 bundled | Extended tax planning guidance | **Strategic Tax Playbook**: Section 115BAA vs MAT credit cliff, Section 80JJAA 30% employment deduction, Section 68/115BBE cash credit defense | **Planned: Strategic Tax Pack** |
 | **10**| **Customs & Foreign Trade Policy** | Not bundled in base | Customs valuation basics | **Customs & Trade Suite**: Section 65 MOOWR duty deferral, EPCG, Advance Authorization, Section 74 fraud penalties, IGST Section 13(8)(b) intermediary traps | **Planned: Customs Pack** |
 | **11**| **Finance Operations & SOPs** | Not bundled in base | Standard 3-way match guidelines | **Enterprise Treasury Controls**: P2P 3-way match, O2C, 13-week cash forecasting, penny drop validation, maker-checker segregation of duties | **Planned: Finance Ops Pack** |
 
@@ -55,14 +55,14 @@ Level 5: Deterministic Mathematical Execution (Excess Math, Compound Interest, J
 
 ### Detailed Depth Breakdown by Domain
 
-### 1. Direct Tax & Corporate Withholding (TDS / TCS)
+### 1. Direct Tax & Corporate Withholding (TDS / TCS / Corporate Regimes)
 * **Public Starter Seed**:
-  - Reaches **Level 3**.
-  - **Provisions**: Section 194Q, 194J, 206C(1H) sunset.
-  - **Thresholds**: ₹50 Lakh annual purchase limit, ₹10 Crore prior turnover.
-  - **Rates**: 0.1% base rate, 2% FTS rate, 10% professional rate, 5% Section 206AA non-PAN penalty cap.
-  - **Circulars**: CBDT Circular 13/2021 (threshold calculation, advance netting), CBDT Circular 23/2017 (GST unbundling).
-  - **Forms**: Form 26Q quarterly TDS return schema, Form 16A certificate schema, Vendor PAN / 206AB declaration template.
+  - Reaches **Level 3** (with Level 5 Deterministic Calculators for MAT vs 115BAA and 288B tax rounding).
+  - **Provisions**: 10 direct tax sections (194Q, 194J, 194C, 194H, 194I, 194R, 206AB, 206C(1H), 115BAA-115JB, and Income-tax Act, 2025 Section 393).
+  - **Thresholds**: ₹50 Lakh annual purchase limit, ₹10 Crore prior turnover, ₹30k/₹1L contractor aggregate, ₹2.4L rent threshold.
+  - **Rates**: 0.1% goods TDS, 2% FTS rate, 10% professional rate, 1%/2% contractor rate, 2% commission rate (Finance Act 2024), 22% 115BAA corporate rate, 15% MAT rate, 5% Section 206AA non-PAN cap.
+  - **Circulars**: CBDT Circular 13/2021, Circular 23/2017, Circular 03/2020, Circular 29/2019, Finance Act 2024/2025 transition memos.
+  - **Forms**: Form 26Q quarterly TDS return schema, Form 16A certificate schema, Form 10IC corporate tax election, Vendor PAN / 206AB declaration template.
 * **Full Enterprise Engine (Adesha Runtime)**:
   - Reaches **Level 5**.
   - **Full Statutory Spectrum**: Table 8 of Income-tax Act, 2025 (Section 392 Rent, 393 Goods, 394 Contractors, 395 Professional/FTS, 397 Non-PAN).
@@ -72,14 +72,14 @@ Level 5: Deterministic Mathematical Execution (Excess Math, Compound Interest, J
 
 ---
 
-### 2. MSME & Working Capital (Delayed Payments & Section 43B(h))
+### 2. MSME & Working Capital (Delayed Payments, Section 43B(h) & Reporting)
 * **Public Starter Seed**:
-  - Reaches **Level 3**.
-  - **Provisions**: MSMED Act, 2006 Sections 15 & 16; Income-tax Act Section 43B(h).
+  - Reaches **Level 3** (with Level 5 Deterministic Calculator for Section 16 MSME compound penal interest at 3x RBI Bank Rate).
+  - **Provisions**: MSMED Act, 2006 Sections 15 & 16; MSMED Section 7 criteria; MCA Form MSME-1; MSMED Section 22 corporate balance sheet disclosures; Income-tax Act Section 43B(h).
   - **Timelines**: Strict 15-day (without contract) or maximum 45-day (with written contract) payment clocks.
-  - **Rates**: Mandatory compound penal interest at 3x RBI Bank Rate.
-  - **Circulars**: Ministry of MSME OM 1/4(1)/2021-P&G/Policy (strictly excluding retail and wholesale traders under NIC 45, 46, 47 from delayed payment protections).
-  - **Forms**: UDYAM registration verification schema, Companies Act Schedule III corporate balance sheet disclosure notes.
+  - **Rates**: Mandatory compound penal interest at 3x RBI Bank Rate notified by Reserve Bank of India.
+  - **Circulars**: Ministry of MSME OM 1/4(1)/2021-P&G/Policy (trader exclusion from delayed payment), Notification S.O. 2119(E) (composite investment & turnover criteria).
+  - **Forms**: UDYAM registration verification schema, Udyam composite calculation worksheet, MCA Form MSME-1 half-yearly return schema, Schedule III trade payables aging disclosure table.
 * **Full Enterprise Engine (Adesha Runtime)**:
   - Reaches **Level 5**.
   - **Multi-Interval Compound Interest Calculator** (`calculateMultiIntervalMsmeInterest`): Accurately tracks shifting RBI Bank Rates across multi-quarter delinquencies, compounding on monthly rests.
@@ -88,13 +88,12 @@ Level 5: Deterministic Mathematical Execution (Excess Math, Compound Interest, J
 
 ---
 
-### 3. Indirect Tax (GST & Input Tax Credit)
+### 3. Indirect Tax (GST, Invoicing & Input Tax Credit)
 * **Public Starter Seed**:
-  - Reaches **Level 3**.
-  - **Provisions**: CGST Act, 2017 Section 17(5) negative list for blocked input tax credit.
-  - **Scope**: Motor vehicles, food & beverages, outdoor catering, club memberships, personal consumption.
-  - **Circulars**: CBIC Circular 172/04/2022-GST (carving out the statutory employer obligation exception).
-  - **Forms**: GSTR-2B vs. GSTR-3B Table 4(B) ineligible ITC reporting schema.
+  - Reaches **Level 3** (with Level 5 Deterministic Calculator for Place of Supply & Zero-Rated LUT exports).
+  - **Provisions**: 9 GST provisions: CGST Section 17(5) blocked credit, Section 8 composite/mixed supplies, Section 9(3) RCM, Section 10 composition, Section 16(2) 180-day payment rule, Section 34 credit/debit notes, Section 51 TDS, IGST Section 16 LUT export, CGST Rule 48(4) mandatory e-invoicing.
+  - **Circulars**: CBIC Circular 172/04/2022-GST (employer obligation exception), Notification 13/2017-CT(R) (RCM services), Notification 14/2020-CT (Rule 48(4) IRN threshold).
+  - **Forms**: GSTR-2B Table 4(B) ineligible ITC schema, GSTR-3B Table 4 ITC reversal schema, RCM self-invoice voucher, LUT Form GST RFND-11 export declaration.
 * **Full Enterprise Engine (Adesha Runtime)**:
   - Reaches **Level 5**.
   - **Section 16(2) 4-Condition Invariant Gate**: Concurrently verifies tax invoice possession, physical GRN receipt, GSTR-2B reflection, and supplier tax remittance.
@@ -104,9 +103,11 @@ Level 5: Deterministic Mathematical Execution (Excess Math, Compound Interest, J
 
 ---
 
-### 4. Financial Reporting & Indian Accounting Standards (Ind AS)
+### 4. International Tax, FX Revaluation & Transfer Pricing
 * **Public Starter Seed**:
-  - [Not seeded in starter package]
+  - Reaches **Level 3** (with Level 5 Deterministic Calculators for Transfer Pricing ALP Rule 10CA and Ind AS 21/109 FX revaluation).
+  - **Provisions**: Section 195 cross-border payments, Ind AS 21 & 109 foreign exchange revaluation & hedge reserves, Transfer Pricing Section 92C & Rule 10CA range concept, US IRC §§ 901 & 904 Foreign Tax Credit.
+  - **Forms**: Form 15CA/15CB checklist, Form 3CEB transfer pricing report schema, Form 67 foreign tax credit statement, Ind AS 109 hedge reserve schedule, IRS Schedule K-3.
 * **Full Enterprise Engine (Adesha Runtime)**:
   - Reaches **Level 5** (Full Corporate Financial Reporting & Ind AS Framework).
   - **Ind AS 115 (Revenue from Contracts with Customers)**:
@@ -117,6 +118,7 @@ Level 5: Deterministic Mathematical Execution (Excess Math, Compound Interest, J
   - **Ind AS 116 (Leases)**:
     - Right-of-Use (ROU) asset and Lease Liability discounting at incremental borrowing rate.
     - Low-value asset ($<\$5,000$) and short-term ($<12\text{ months}$) exemption handling.
+    - Lease modification vs. reassessment state transitions.
   - **Ind AS 103 (Business Combinations)**:
     - Acquisition method and Purchase Price Allocation (PPA).
     - Goodwill vs. Capital Reserve computation; Non-Controlling Interest (NCI) fair value measurement.

package/docs/OKF_MAINTENANCE_SOP.md

@@ -106,7 +106,7 @@ Rather than making unprovable claims of "zero hallucination", the MudraForge pro
 
 | Artifact | Primary Consumer | Content Mandate | Operational Role |
 |---|---|---|---|
-| [`section.json`](file:///d:/work/packages/statutory/okf/direct_tax/tds_goods_194q/section.json) | **Deterministic Engine Runtime** | Typed numbers, effective dates, boolean applicability conditions, and threshold formulas. | Machine execution on CPU. Prevents mathematical drift, rate confusion, and arithmetic errors. |
+| [`section.json`](../okf/direct_tax/tds_goods_194q/section.json) | **Deterministic Engine Runtime** | Typed numbers, effective dates, boolean applicability conditions, and threshold formulas. | Machine execution on CPU. Prevents mathematical drift, rate confusion, and arithmetic errors. |
 | `circulars/*.md` | **LLM Agents & Human Auditors** | Semantic legal context, executive interpretations, judicial precedents, and YAML frontmatter. | Cross-domain reasoning, statutory crosswalks, exception argumentation, and human auditability. |
 | `forms/*` | **Compliance & Reporting Systems** | Machine-evaluable JSON schemas and Markdown return checklists. | Return preparation, ERP writeback payloads, and statutory disclosure schedules. |
 
@@ -141,7 +141,7 @@ In `section.json`, the legal instrument itself must be fully described so that s
 ```
 
 ### 4.3 Domain Whitelist Enforcement
-All citation URLs must belong to the regulatory domain whitelist defined in [`scripts/verify_citation_links.js`](file:///d:/work/packages/statutory/scripts/verify_citation_links.js). Citations to commercial blogs, paywalled content aggregators, or unvetted third-party websites are prohibited.
+All citation URLs must belong to the regulatory domain whitelist defined in [`scripts/verify_citation_links.js`](../scripts/verify_citation_links.js). Citations to commercial blogs, paywalled content aggregators, or unvetted third-party websites are prohibited.
 
 ### 4.4 Protocol Security & TLS Trust
 - **100% HTTPS Enforcement**: Insecure `http://` links are rejected by the linter.
@@ -213,13 +213,13 @@ npm run manifest:check
 Record the resulting root hash in release notes.
 
 ### Step 8: Client Pinning & Trust Anchor Verification
-1. Add the updated root digest to `PINNED_RELEASE_ROOTS` in [`src/index.js`](file:///d:/work/packages/statutory/src/index.js).
+1. Add the updated root digest to `PINNED_RELEASE_ROOTS` in [`src/index.js`](../src/index.js).
 2. For remote edge synchronization, verify Ed25519 digital signature validation against the MudraForge Root Authority.
 
 ### Step 9: Dual Regression Testing
 Execute both package unit tests and the core engine verification suite:
 ```powershell
-# 1. Package Regression Suite (49 tests)
+# 1. Package Regression Suite (88 test suites)
 npm run test
 
 # 2. Engine Unified Test Runner (68 suites)
@@ -228,7 +228,7 @@ npm --prefix ../../mudraforge-sarvam test
 # 3. Adesha Benchmark Runner (6 scenarios)
 node ../../mudraforge-sarvam/tests/benchmarks/adesha_benchmark_challenge_01_runner.js
 ```
-*Pass Criteria*: 100% passing across all 123 test suites and benchmark scenarios with 0 regressions.
+*Pass Criteria*: 100% passing across all 156 test suites and benchmark scenarios with 0 regressions.
 
 ### Step 10: SemVer Release & Distribution
 1. Bump package version in `package.json` and synchronize `STATUTORY_CLIENT_VERSION` in `src/index.js`.
@@ -259,10 +259,10 @@ Claims of test passage and release integrity are substantiated by the following
 
 | Verification Layer | Active Release Evidence | Location / Verification Command |
 |---|---|---|
-| **Cryptographic Root** | `sha256-3f25fc3941d29de5b8befc0ddb24d1bb2632067f00b200680cf784961616424c` | `npm run manifest:check` across all 59 files |
-| **Citation Network Liveness** | 70/70 passing citations across 13 regulatory domains (0 failures) | `node scripts/verify_citation_links.js --live` |
-| **Statutory Schema Conformance** | 18/18 sections, 19 circulars, 22 forms passing OKF v0.2 linter | `npm run validate` |
-| **Package Regression** | 49/49 test suites passing with 100% reproducible precision | `npm run test` in `packages/statutory` |
+| **Cryptographic Root** | `sha256-4bbe36c3db841b833dd2bebbd6c1c5ed735498e7b20d1221c323ceb211529fe0` | `npm run manifest:check` across all 86 files |
+| **Citation Network Liveness** | 76/76 passing citations across 5 regulatory domains (0 failures) | `node scripts/verify_citation_links.js --live` |
+| **Statutory Schema Conformance** | 29/29 sections, 30 circulars, 27 forms passing OKF v0.2 linter | `npm run validate` |
+| **Package Regression** | 88/88 test suites passing with 100% reproducible precision | `npm run test` in `packages/statutory` |
 | **Engine Invariant Regression** | 68/68 test suites passing across governance runtime and TLA+ oracles | `npm test` in `mudraforge-sarvam` |
 | **Adesha Benchmark Challenge 01** | 6/6 scenarios scored (Base 100/100, Variants A-E verified) | `node mudraforge-sarvam/tests/benchmarks/adesha_benchmark_challenge_01_runner.js` |
 | **Live NPM Consumer** | Installed and verified live from registry in clean consumer | `node scratch/fresh_public_npm_consumer/test_live_npm_benchmark.js` |
@@ -273,14 +273,14 @@ Claims of test passage and release integrity are substantiated by the following
 
 Before closing any maintenance task or cutting a new release, verify that each item is completed:
 
-- [ ] All 18 statutory provisions contain complete and valid `section.json` contracts.
+- [ ] All 29 statutory provisions contain complete and valid `section.json` contracts.
 - [ ] Every citation URL uses `https://` and resolves to an approved regulatory domain.
 - [ ] `npm run citations` reports 0 defects and 0 unauthorized domains.
 - [ ] `npm run validate` passes with 0 schema errors.
 - [ ] `npm run conformance` passes 12/12 fixture tests.
-- [ ] `npm run manifest:check` verifies all 59 files against SHA-256 digests.
+- [ ] `npm run manifest:check` verifies all 86 files against SHA-256 digests.
 - [ ] `PINNED_RELEASE_ROOTS` in `src/index.js` includes the active manifest root hash.
 - [ ] Two-pass precision lookup correctly resolves single-digit sections (`8`, `9(3)`).
-- [ ] All 49 package tests and 68 engine regression suites pass with 0 failures.
+- [ ] All 88 package tests and 68 engine regression suites pass with 0 failures.
 - [ ] Stale reference scan returns zero matches for deprecated names or legacy domains.
 - [ ] Version number in `package.json` exactly matches `STATUTORY_CLIENT_VERSION`.

package/docs/PROVENANCE.md

@@ -8,7 +8,7 @@ This document records the cryptographic provenance, normative specifications, an
 
 | Item | Value |
 |---|---|
-| **Package Release** | **`v2.9.0`** (Production Release) |
+| **Package Release** | **`v2.10.0`** (Production Release) |
 | **Knowledge Specification** | **Google Open Knowledge Format (OKF v0.2) + MudraForge Statutory Schema Extension** |
 | **Regulatory Snapshot** | **CBDT / CBIC / MCA / MSME Baseline: October 2026** |
 | **Corpus Quality Card** | 100% Primary Citation Resolution (76/76 URLs verified; 108 citations across 29 provisions) in [`docs/CORPUS_QUALITY.md`](./CORPUS_QUALITY.md) |
@@ -18,7 +18,7 @@ This document records the cryptographic provenance, normative specifications, an
 | **Enterprise Assurance Preview** | Formal TLA+ & mutation defenses in [`docs/ADESHA_ASSURANCE_OVERVIEW.md`](./ADESHA_ASSURANCE_OVERVIEW.md) |
 | **Integrity Root** | SHA-256 root manifest in [`okf/manifest.json`](../okf/manifest.json) (`sha256-4bbe36c3db841b833dd2bebbd6c1c5ed735498e7b20d1221c323ceb211529fe0` across 86 files) |
 | **Temporal Framework** | Dual-Act Bridge: *Income-tax Act, 1961* & *Income-tax Act, 2025* |
-| **Verification Gate** | 100% Pass across all 80 test suites (cumulative thresholds, legislative sunsets, and excess math) |
+| **Verification Gate** | 100% Pass across all 88 test suites (cumulative thresholds, legislative sunsets, and excess math) |
 
 ---
 

package/docs/VERIFICATION.md

@@ -1,8 +1,8 @@
 # @mudraforge/statutory: Verification & Conformance Report
 
-> **Audited Package**: `@mudraforge/statutory` v2.9.0 (Public Open Knowledge Commons)  
+> **Audited Package**: `@mudraforge/statutory` v2.10.0 (Public Open Knowledge Commons)  
 > **Target Runtime**: Node.js v20+, Bun, Deno, Cloudflare Workers  
-> **Public Test Status**: 80 Multi-Domain Regression & Verification Suites Passing (100% Reproducible)  
+> **Public Test Status**: 88 Multi-Domain Regression & Verification Suites Passing (100% Reproducible)  
 > **Cryptographic Scope**: SHA-256 Merkle root digest over 86 bundled knowledge files (0 mismatches)  
 
 ---
@@ -27,7 +27,7 @@ This report documents:
 Any developer, Chartered Accountant, or auditor can reproduce the verification checks for this open-source package locally with **zero external network access**:
 
 ```bash
-# 1. Run the multi-domain regression suite (11 test suites covering all provisions & failure modes)
+# 1. Run the multi-domain regression suite (88 test suites covering all provisions & failure modes)
 npm test
 
 # 2. Run the fail-closed OKF schema & circular frontmatter validator
@@ -90,17 +90,17 @@ The conformance runner (`conformance/test_conformance.js`) tests parser behavior
 
 ## 6. Reproducible Release Tarball Verification
 
-Every published release tarball can be independently verified against Git tag `v2.9.0`:
+Every published release tarball can be independently verified against Git tag `v2.10.0`:
 
 ```bash
 # 1. Pack the distribution tarball
 npm pack
 
 # 2. Compute the SHA-256 checksum of the tarball (PowerShell)
-Get-FileHash mudraforge-statutory-2.9.0.tgz -Algorithm SHA256
+Get-FileHash mudraforge-statutory-2.10.0.tgz -Algorithm SHA256
 
 # Or in Linux / macOS:
-# sha256sum mudraforge-statutory-2.9.0.tgz
+# sha256sum mudraforge-statutory-2.10.0.tgz
 ```
 
 The resulting package contains exactly 124 audited files (zero extraneous build artifacts, zero internal development scripts).

package/okf/corporate_ma_restructuring/tax_clearance_sec281/circulars/cbdt_circular_04_2011_sec281_clearance.md

@@ -0,0 +1,57 @@
+---
+id: cbdt-circular-04-2011-sec281-clearance
+title: CBDT Circular No. 04/2011 Guidelines for Grant of Prior Permission under Section 281
+authority: Central Board of Direct Taxes (CBDT)
+date: 2011-07-19
+statutory_section: Section 281
+valid_from: 2011-07-19
+valid_to: OPEN_ENDED
+temporal_status: ACTIVE
+official_url: https://www.incometaxindia.gov.in/communications/circular/circular04_2011.pdf
+---
+
+# CBDT Circular No. 04/2011: Guidelines for Grant of Prior Permission under Section 281
+
+**Circular Reference**: Circular No. 04/2011 (F.No. 402/92/2006-MC)  
+**Issuing Authority**: Central Board of Direct Taxes, Department of Revenue, Ministry of Finance, Government of India  
+**Date of Issuance**: 19 July 2011  
+**Statutory Subject**: Guidelines for grant of prior permission under Section 281 of the Income-tax Act, 1961 to create a charge on or part with possession of assets  
+
+---
+
+## 1. Statutory Context & Purpose
+
+Under Section 281(1) of the Income-tax Act, 1961, any transfer of specified assets (land, buildings, plant, machinery, shares, securities, bank fixed deposits exceeding INR 10,000) or creation of charge thereon during the pendency of any proceeding under the Act or before service of notice of demand is void as against any claim in respect of any tax or sum payable by the assessee.
+
+Under the second proviso to Section 281(1), such charge or transfer shall not be void if it is made with the previous permission of the Assessing Officer.
+
+In order to streamline the procedure, eliminate arbitrary delays, and provide certainty to corporate assessees engaging in genuine commercial transactions, credit syndications, and mergers & acquisitions, the CBDT formulated standard guidelines for the receipt, processing, and disposal of applications for prior permission.
+
+---
+
+## 2. Key Operational Guidelines
+
+1. **Prior Application Requirement**:
+   - The assessee must submit a formal application to the jurisdictional Assessing Officer at least **30 days prior** to the proposed date of transaction, creation of charge, or transfer of asset.
+   - The application must disclose the nature of the transaction, the value of the asset, full particulars of the transferee/lender, and the exact consideration agreed upon.
+
+2. **Disclosure of Pending Proceedings**:
+   - The assessee must provide full particulars of all pending proceedings under the Act (including scrutiny assessments under Section 143(3), reassessments under Section 147, revision under Section 263, or appeals before CIT(Appeals), ITAT, High Court, or Supreme Court).
+   - Any outstanding demands under Section 156 must be fully tabulated along with their collection/stay status.
+
+3. **Conditions for Granting Prior Permission**:
+   - **Where No Demand is Outstanding**: If there are no outstanding demands and the pending proceedings do not involve substantial anticipated tax liabilities exceeding the assessee's retained net worth, permission should ordinarily be granted within 30 days.
+   - **Where Outstanding Demand Exists**: Permission may be granted if:
+     - The assessee pays the undisputed demand or provides an unconditional bank guarantee from a scheduled commercial bank covering the outstanding and anticipated tax demand; OR
+     - The assessee offers alternative unencumbered immovable property or assets of equivalent or higher value as security, with a formal charge registered in favor of the President of India / Tax Recovery Officer.
+
+4. **Time-Bound Disposal**:
+   - The Assessing Officer is mandated to dispose of the application under Section 281 by either granting permission or communicating reasons for rejection within **30 days** of receipt of the completed application.
+
+---
+
+## 3. Legal Consequences for M&A and Lending Transactions
+
+- **Insulation from Tax Recovery**: Once prior permission is granted and a formal Section 281 Certificate is issued by the Assessing Officer, the transfer or charge cannot be declared void under Section 281(1) by the Tax Recovery Officer.
+- **Lender Priority**: Mortgages and charges created in favor of banks or financial institutions pursuant to Section 281 permission are legally protected against subsequent tax attachment.
+- **Corporate Acquirers**: In slump sales and business transfers, obtaining this certificate or ensuring that the transaction qualifies under the bona fide purchaser exception (adequate consideration without notice of proceedings) prevents the Tax Department from attaching the transferred business assets.

package/okf/corporate_ma_restructuring/tax_clearance_sec281/forms/form_281_tax_clearance_application.json

@@ -0,0 +1,42 @@
+{
+  "formId": "FORM_281_APPLICATION",
+  "title": "Application for Grant of Prior Permission under Section 281 of the Income-tax Act, 1961 for Transfer of Assets or Creation of Charge",
+  "applicableSectionCode": "281",
+  "governingRule": "CBDT Circular No. 04/2011 (F.No. 402/92/2006-MC)",
+  "filingFrequency": "TRANSACTION_SPECIFIC",
+  "statutoryDueWindow": "At least 30 days prior to the proposed transfer or creation of charge",
+  "officialSourceUrl": "https://www.incometaxindia.gov.in/communications/circular/circular04_2011.pdf",
+  "applicantDetails": [
+    "LEGAL_NAME_OF_ASSESSEE",
+    "PERMANENT_ACCOUNT_NUMBER_PAN",
+    "JURISDICTIONAL_ASSESSING_OFFICER_WARD_CIRCLE",
+    "REGISTERED_OFFICE_OR_RESIDENTIAL_ADDRESS",
+    "BUSINESS_DESCRIPTION_AND_PRINCIPAL_ACTIVITIES"
+  ],
+  "assetAndTransactionParticulars": [
+    "DESCRIPTION_OF_ASSET_LAND_BUILDING_PLANT_MACHINERY_SHARES_SECURITIES",
+    "LOCATION_AND_REGISTRATION_PARTICULARS_OF_ASSET",
+    "BOOK_VALUE_AND_WRITTEN_DOWN_VALUE_WDV_INR",
+    "INDEPENDENT_VALUATION_OR_FAIR_MARKET_VALUE_INR",
+    "NATURE_OF_TRANSFER_SALE_MORTGAGE_CHARGE_EXCHANGE_GIFT",
+    "PROPOSED_CONSIDERATION_AMOUNT_INR",
+    "NAME_AND_PAN_OF_TRANSFEREE_OR_CHARGE_HOLDER",
+    "PROPOSED_DATE_OF_TRANSFER_OR_EXECUTION"
+  ],
+  "taxProceedingsAndDemandsDisclosure": [
+    "LIST_OF_ALL_PENDING_PROCEEDINGS_UNDER_SECTION_143_2_147_148_153A_263",
+    "SCHEDULE_OF_OUTSTANDING_DEMANDS_UNDER_SECTION_156_WITH_AY_AND_AMOUNT",
+    "DETAILS_OF_ANY_STAY_OF_DEMAND_GRANTED_BY_CIT_APPEALS_OR_ITAT",
+    "STATUS_OF_REGULAR_TAX_RETURNS_FILED_FOR_PRECEDING_THREE_YEARS"
+  ],
+  "securityFurnishedUnderCircular04_2011": [
+    "DESCRIPTION_OF_ALTERNATIVE_UNENCUMBERED_ASSET_OFFERED_AS_SECURITY",
+    "UNCONDITIONAL_BANK_GUARANTEE_DETAILS_AMOUNT_BANK_VALIDITY",
+    "UNDERTAKING_NOT_TO_ALIENATE_REMAINING_ASSETS_UNTIL_DISPOSAL"
+  ],
+  "verificationAndUndertakings": [
+    "NAME_AND_DESIGNATION_OF_AUTHORIZED_SIGNATORY",
+    "DECLARATION_THAT_DISCLOSURES_ARE_COMPLETE_AND_TRUE",
+    "DIGITAL_SIGNATURE_DSC_OR_PHYSICAL_SIGNATURE_AND_SEAL"
+  ]
+}

package/okf/corporate_ma_restructuring/tax_clearance_sec281/section.json

@@ -0,0 +1,70 @@
+{
+  "sectionId": "ITA1961_SEC281_TAX_CLEARANCE",
+  "sectionCode": "281",
+  "aliases": [
+    "281",
+    "sec281",
+    "section 281",
+    "tax clearance",
+    "void transfer",
+    "section 281 noc",
+    "ao permission 281",
+    "mna tax clearance"
+  ],
+  "governingStatute": "Income-tax Act, 1961 (Act No. 43 of 1961)",
+  "statutorySection": "Section 281",
+  "successorStatute": "Income-tax Act, 2025",
+  "successorSection": "Section 497 (Transfers to defraud revenue to be void)",
+  "title": "Certain Transfers to be Void & Tax Clearance Requirements in Corporate Restructuring (Section 281)",
+  "effectivePeriod": {
+    "validFrom": "1962-04-01",
+    "validTo": "OPEN_ENDED",
+    "annualReset": "Transaction-specific asset transfer determination",
+    "sunsetNotes": "Introduced by Income-tax Act, 1961 w.e.f. 1-4-1962. Substituted by Taxation Laws (Amendment) Act, 1975 w.e.f. 1-10-1975. Standard operating procedure issued via CBDT Circular No. 04/2011. Continues under Income-tax Act, 1961 and transitions to Section 497 of Income-tax Act, 2025."
+  },
+  "plainTextSummary": "Section 281 of the Income-tax Act, 1961 enacts a statutory anti-alienation protective measure for the Revenue, providing that where an assessee creates a charge on or parts with possession (by way of sale, mortgage, gift, exchange, or any other mode of transfer) of any specified asset during the pendency of any proceeding under the Act or after the completion thereof but before service of notice of demand, such charge or transfer shall be VOID as against any claim in respect of any tax or any other sum payable by the assessee. The covered assets include land, buildings, plant, machinery, shares, securities, and bank fixed deposits exceeding INR 10,000 in value. Under the proviso to Section 281(1), a transfer or charge shall NOT be void if it satisfies either of two independent statutory safe harbors: (i) it is made for adequate consideration and without notice of the pendency of such proceeding or without notice of such tax or other sum payable by the assessee (the Bona Fide Purchaser Exception); or (ii) it is made with the previous written permission of the jurisdictional Assessing Officer (Tax Clearance Certificate under Section 281). CBDT Circular No. 04/2011 lays down the standard operating procedure for seeking prior permission: the assessee must apply at least 30 days prior to the transfer, disclose all pending scrutiny/reassessment proceedings and demands, and furnish adequate alternative security or bank guarantee if demands remain contested. In corporate M&A, business transfers (slump sales), and major capital asset acquisitions, obtaining a Section 281 NOC or verifying bona fide buyer status is an essential closing condition to prevent the Tax Recovery Officer from attaching the acquired assets under the Second Schedule.",
+  "keyStatutoryThresholds": {
+    "coveredAssetCategories": [
+      "LAND_AND_BUILDING",
+      "PLANT_AND_MACHINERY",
+      "SHARES_AND_SECURITIES",
+      "FIXED_DEPOSITS_IN_BANKS"
+    ],
+    "deMinimisThresholdInr": 10000,
+    "provisoSafeHarborOne": "Transfer made for adequate consideration without notice of pending proceedings or tax sum payable",
+    "provisoSafeHarborTwo": "Transfer made with previous written permission of the Assessing Officer",
+    "cbdtCircularReference": "Circular No. 04/2011 (F.No. 402/92/2006-MC, Dated 19 July 2011)",
+    "applicationPriorWindowDays": 30,
+    "aoDisposalWindowDays": 30
+  },
+  "officialCitations": [
+    {
+      "authority": "Central Board of Direct Taxes (CBDT)",
+      "instrument": "Circular No. 04/2011 (F.No. 402/92/2006-MC, Dated 19 July 2011)",
+      "subject": "Guidelines for grant of prior permission under Section 281 of the Income-tax Act, 1961 for transfer of assets or creation of charge",
+      "officialUrl": "https://www.incometaxindia.gov.in/communications/circular/circular04_2011.pdf"
+    },
+    {
+      "authority": "Income Tax Department, Ministry of Finance",
+      "instrument": "Section 281, Income-tax Act, 1961",
+      "subject": "Certain transfers to be void",
+      "officialUrl": "https://www.incometaxindia.gov.in/pages/acts/income-tax-act.aspx"
+    },
+    {
+      "authority": "Supreme Court of India",
+      "instrument": "Palghat Electric Supply Corpn. Ltd. v. CIT ((1998) 232 ITR 245 (SC))",
+      "subject": "Statutory charge and voidability of asset transfers during pending tax assessment",
+      "officialUrl": "https://indiankanoon.org/doc/1715016/"
+    }
+  ],
+  "requiredDocumentChecklist": [
+    "Application to Assessing Officer under Section 281 along with draft Business Transfer Agreement (BTA) or Asset Sale Agreement",
+    "Independent Chartered Accountant Valuation Report certifying adequate consideration",
+    "Income Tax Portal Comprehensive Compliance Dashboard inspection for pending Section 142(1), 143(2), or 148 notices",
+    "Outstanding Demand Ledger under Section 156 with dispute tracking",
+    "Schedule of Alternative Unencumbered Assets or Bank Guarantee offered as security under Circular 04/2011",
+    "Section 281 No Objection Certificate (NOC) issued by Jurisdictional Assessing Officer"
+  ],
+  "tier": "STANDARD_FREE",
+  "version": "0.2.0"
+}