Collection of security deposit on loaning gas cylinder cannot be treated as sale

IN THE ITAT HYDERABAD BENCH ‘B’ Kabsons Gas Equipment Ltd. v/s. Deputy Commissioner of Income-tax, Special Range-2, Hyderabad IT APPEAL NOS. 152 TO 155 (HYD.) OF 2000, 288 & 319 (HYD.) OF 2001 AND 262, 263, 318 & 330 (HYD.) OF 2002 [ASSESSMENT YEARS 1993-94 TO 1997-98] JUNE 8, 2012 ORDER Chandra Poojari, Accountant Member – These ten cross appeals filed by assessee and revenue are directed against the different orders of CIT(A) for the A.Y. 1993-94, 1994-95, 1995-96, 1996-97 and 1997-98. Since issues involved in all these appeals are common in nature,...