High Court allowed the assessee’s appeal holding that the Transfer Pricing Officer having accepted the transactional net margin method as the most appropriate method could not have applied the comparable uncontrolled price method for only one element of the international transaction of payment of royalty, that even after the new agreement was entered into by the assessee. Held, dismissing the petition, that sufficient cause and grounds had not been made out to condone the delay in filing the petition.(AY. 2015-16 to 2017-18)