Producer Firoz Nadiadwala sentenced to three months imprisonment


Bollywood producer Firoz Nadiadwala faces three months imprisonment for tax evasion.  He was sentenced by the Bllard Pier magistrate court in Mumbai for non-payment of Rs 8.56 lakh as tax deducted at source (TDS) for the financial year 2009-10.

While speaking to Bollywood Hungama, Firoz admitted he was late in paying the tax amount but has cleared it now.

"I admit I was late. But I did pay all my GST dues with the required late-payment penalty and ‘interest’. I was told my dues were cleared, and then I receive this verdict. I must say it shocked me. But my faith in the judicial system remains unshaken.”" - Firoz Nadiadwala

Firoz added that he is working to resolve the issue and hopes to get support from his industry friends.

"“The rest is up to God. We’re taking the matter to another court where hopefully justice will be done. I am not the first person to have been late in paying tax money. I’m a hardworking producer with many financial liabilities... This film industry is a wonderful place to be in. I’ve made many good friends like Akshay Kumar... He is one of the finest human beings on this earth. I’d do anything for him.”" - Firoz Nadiadwala

On the work front, Firoz Nadiadwala will start working on the third sequel of his blockbuster film, ‘Hera Pheri 3’. The original star cast Akshay Kumar, Suniel Shetty and Paresh Rawal will be back.