Court convicts Romesh Sharma for dodging Rs 50 crore tax
New Delhi, Mar 28 : A city court has convicted Romesh Sharma, an alleged frontman of Dawood Ibrahim, for dodging Rs 50 crore income tax in a 12-year-old case.
Additional Chief Metropolitan Magistrate, Kanwaljeet Arora held him guilty under section 276-c (2) and 277 of the Income Tax Act.
The sentence would be pronounced on Monday.
Sharma's lawyer Harish Gulati said, "Sharma could face a rigorous imprisonment of three years and fine or both in this case."
ANI
Story first published: Friday, March 28, 2008, 18:22 [IST]