Diesel India's Royalty Payment Deemed Arm's Length; Transfer Pricing Evaluation Confirms Compliance with Regulations.

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....TP Adjustment - international transaction involving payment of royalty undertaken by Diesel India with its Associated Enterprise (“AE”) - the arithmetic mean of comparables comes to 5.25 which is more than the royalty paid by the assessee. The royalty paid by the assessee thus within arm”s length range. - AT....