New Delhi: Romesh Sharma, an alleged frontman of underworld don Dawood Ibrahim, was on Monday sentenced to two years' RI in a 12-year-old tax evasion case.
Apart from the jail sentence, Additional Chief metropolitan Magistrate Kanwaljeet Arora also imposed a fine of Rs 3 lakh on Sharma. Sharma was on Friday convicted by a city court for evading Rs 50 crore income tax.
Arora convicted Sharma for not depositing the dues and held him guilty under Section 276-C (2) and 277 of the Income Tax Act.
"The investigating agency, Income Tax Department, has proved the case beyond reasonable doubt against Romesh Sharma. There by I convicted him for these offences under the said Act," the ACMM said in his 19-page Judgement.
After the conviction, Sharma's lawyer Harish Gulati referred to the the maximum punishment for the offences for which Sharma has been convicted and told PTI "Sharma could face a rigorous imprisonment of three years and fine or both in this case."
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