Assessee Not Required to Record Custodian Stock as Trade; Charges Fixed Fee for Service. https://www.taxtmi.com/highlights?id=14076 Addition towards incorrect accounting of stock - maintaining stock for others - while accepting that the assessee is maintaining the stock of material on behalf of others and only charging fixed amount for this service, and as such, apparently, there is no need to admit the same in their books as stock in trade - AT en-us Sat, 24 Aug 2013 09:55:49 +0530 Sat, 24 Aug 2013 09:55:49 +0530 TaxTMI RSS Generator Assessee Not Required to Record Custodian Stock as Trade; Charges Fixed Fee for Service. https://www.taxtmi.com/highlights?id=14076 Addition towards incorrect accounting of stock - maintaining stock for others - while accepting that the assessee is maintaining the stock of material on behalf of others and only charging fixed amount for this service, and as such, apparently, there is no need to admit the same in their books as stock in trade - AT Highlights Income Tax Sat, 24 Aug 2013 09:55:49 +0530 https://www.taxtmi.com/highlights?id=14076