The Income tax department has reportedly issued two notices to the YSR congress party president YS Jaganmohan reddy-owned Jagathi Publications which runs the Sakshi Telugu daily.
The news of the two notices, issued some days ago, was kept under tight wraps from the organization but some how it was leaked to the media by the Income Tax department sources today.
The first notice has asked the former MP Jagan to reveal the sources of investments that flowed into the Jagathi Publications. In the second notice, the IT officials have asked Jagan to show reasons why a heavy penalty should not be imposed on his organization for not properly disclosing the information relating to the investments.
