Bollywood’s famous producer Firoz A Nadiadwala was who has produced films like Welcome, Welcome Back, Awara Pagal Deewana and Aan: Men At Work among others has been convicted and sentenced to three months rigorous imprisonment for a year-long delay in depositing Rs 8.56 lakh as tax deducted at source (TDS) during the financial year 2009-10, on Thursday.
According to a report in Times Of India, the Ballard Pier magistrate court said that the subsequent payment does not absolve criminal liability. The report further states, “The court refuted his submission that the delay was due to a financial constraints and less business during 2009-10. The defence claimed there was no active film production for three years and income only comprised of old films’ sale, due to which there was a delay in depositing TDS.”
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