Transfer music from iphone to itunes?

Is there any way to do this with the newest version of itunes? Iphone ver 5.0.1

Music on your phone from iTunes are stored in your account and if you sign into the iTunes Store, your music should sync itself

Plug your device into your computer. Go to iTunes.
1. File>Transfer Purchases from "Device Name"
2. Right click your device. It gives you a cool little menu.

Shut off iTunes automatic management at first, then

1, Connect iPhont to iTunes to right click on the iPhone icon on iTunes bar;

2, To choose "Transfer Purchases from iPhone".

Then the music on iPhone will be transferred from iPhone to iTunes soon. However, this can only be work on the purchased items. For unpurchased items, we can use an iTunes assistant( leawo iTransfer) to do it.

Which just need us to connect iPhone to computer, then open iTransfer to right click on the music from iPhone to choose "Transfer to iTunes", then the music on iPhone will be transferred to iTunes soon.

In fact, once you've put the songs or video on iPod or iPhone, you can get them out of iPod or iPhone and put them on computer.

If the songs are purchased from iTunes. You can easily transfer them to iTunes or computer by clicking "Transfer purchase". If your stuff are downloaded from other website. You can transfer them to computer with iPod transfer. Like this one:
http://ipod-iphone-ipad-trans.posterous.com/ipodiphoneipad-to-computer-transfer-review