Firoz Nadiadwala gets 3-month imprisonment for delay in tax payment of Rs 8.56 lakh

Firoz Nadiadwala allegedly delayed payment of TDS and has been given three month imprisonment.

Bollywood producer Firoz Nadiadwala has been sentenced to three-month rigorous imprisonment (RI) by a city court for delay in payment of Rs 8.56 lakh as tax deducted at source (TDS) for the fiscal year 2009-10.

Producer Firoz Nadiadwala gets jail term for late payment of TDS.

Additional Chief Metropolitan Magistrate R S Sarkale recently found Nadiadwala guilty of committing offence under relevant provisions of the Income Tax Act and awarded him three months of rigorous jail term.

The case of delay in payment of Rs 8.56 lakh TDS is related to the financial year 2009-10.

A complaint against Nadiadwala, known for producing hit Hindi films like ‘Hera Pheri’ and ‘Welcome’, was registered by an income tax officer in March 2014. The officer alleged the film producer had not given the exact reason for not paying the TDS amount within the stipulated period.

(This story has been published from a wire agency feed without modifications to the text. Only the headline has been changed.)

Follow @htshowbiz for more