Confirmation statement not required to assess undisclosed income

HIGH COURT OF KERALA CIT v/s. A.M. Fazil IT Appeal No. 1583 of 2009 FEBRUARY 10, 2012 JUDGMENT C.N. Ramachandran Nair, J. – The respondent-assessee is engaged in film production and direction. Several of the films produced or directed by the respondent-assessee were distributed through Sri. P.D. Abraham alias Sri. Appachan, Swargachitra Films. The Income-tax Department conducted search under Section 132 of the Income Tax Act (hereinafter called “the Act”)in the residence and business premises of Sri. Appachan as well as the respondent-assessee and another film producer by na...