Producer Firoz Nadiadwala gets 3-month rigorous imprisonment for TDS payment delay
PTI, May 1, 2019, 4:04 PM IST
Bollywood producer Firoz Nadiadwala has been sentenced to three-month rigorous imprisonment (RI) by a Mumbai city court for delay in payment of Rs 8.56 lakh as tax deducted at source (TDS) for the fiscal year 2009-10.
Additional Chief Metropolitan Magistrate RS Sarkale found Nadiadwala guilty of committing offence under relevant provisions of the Income Tax Act and awarded him three months of rigorous jail term.
When contacted, Nadiadwala declined to comment on the issue, saying the matter is sub-judice.
Welcome and Hera Pheri are among the most successful comedy movies in Bollywood, both starring Akshay Kumar in the lead. Both have gone on to spawn franchises with their sequels which were also produced by Firoz Nadiadwala. It has been reported that Hera Pheri 3 is also in the making.
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