New Delhi, Aug. 24 -- A Delhi court sentenced the head of an oil and gas services company, Naftogaz India Pvt. Ltd, to nearly two years in prison for failing to pass on taxes deducted at source (TDS) to the government, highlighting a tougher stance by tax authorities against corporate defaults, as per a finance ministry official and court order.

The court of Renu Chaudhary, additional chief judicial magistrate (Special Acts) Central, Tis Hazari Courts, Delhi, on 19 August sentenced Mahdoom Bava, managing director of Naftogaz India, to one year and 10 months' rigorous imprisonment and imposed a fine of Rs.10 lakh. The court also imposed a Rs.10 lakh fine on the company, to be paid by the official liquidator from the company's assets or fu...