Addition on the on basis of allocation of indirect cost cannot be made to ALP if no actual expense been incurred

 ITAT PUNE BENCH ‘A’ Deputy Commissioner of Income-tax versus Bekaert Industries (P.) Ltd. IT Appeal Nos. 1058 to 1060 and 1093 & 1094 (PN) OF 2011 [ASSESSMENT YEARS 2002-03 TO 2004-05] JANUARY  31, 2013 ORDER Per Bench The first four cross appeals pertaining to A.Y. 2002-03 and 2003-04 and last appeal for A.Y. 2004-05, are filed by the assessee. The issues are almost common, so they are being disposed of by a common order for the sake of convenience. 2. First we take up ITA.No.1093/PN/2011 and 1098/PN/2011. These cross appeals are arising from the order of ...