Printing of Newspaper amounts to production & manufacture

Brief Facts of the Assessee:

There are 3 matters involved in the appeal filed.

• 1^st Matter – The assessee is engaged in the business of printing & publishing of Newspaper and Periodicals. During the course of Assessment, the Assessing Officer (herewith “AO) noticed that the assessee had claimed other expenses /general expenses for which no complete bills and vouchers were maintained by the assessee. The AO held that no veri

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