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AP Fibernet Scam: DRI Slaps Huge Penalty on Pvt Firm for Tax Evasion

Vijayawada: Andhra Pradesh State Directorate of Revenue Intelligence (APSDRI) has imposed a penalty of Rs 34.01 crore on M/s Fastlane Information Technologies Private Ltd for evading tax as part of ongoing investigation into the AP Fibernet scam case.  The previous TDP regime had allegedly manipulated the tender process to award the Fibernet project worth Rs 330 crore to

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