M/S. Deloitte Touche Tohmastu, Gurgaon vs Dcit, New Delhi on 11 April, 2022
ix. ITAT Delhi Bench 'C' in Assistant Director of Income Tax (E), Trust Circle
II, vs. Hologram Manufacturers Association in Appeal No. 3383/Del/2009
x. ITAT Kolkata Bench 'A' Belvedere Estates Tenants Association vs. Income-
tax Officer in ITA no. 1156/Kol./2011 (c)
5.2.5 Ld. Counsel for the assessee submitted that the Revenue has filed
the appeals challenging the order of Ld. F.A.A. on the basis of Ld. F.A.A.
holding the receipts to be of the nature of FTS and application of principle of
mutuality. However, there was third reason for allowing the appeal of assessee
that the subscription's fee were held to be in the nature of reimbursement and
the same has not been challenged before this Tribunal so on that ground alone
the revenue appeals deserve to be disallowed.