Held that valuation adopted by the assessee of comparable company is in accordance with generally accepted accounting principles and in consonance with accounting standards issued by ICAI which are mandatorily to be followed by every corporate in India. Transfer Pricing adjustment was directed to be deleted. (AY. 2014-15)
B. Braun Medical (India) Pvt Ltd v. Dy.CIT (2022) 95 ITR 72 (SN) (Mum)(Trib)
S. 92C : Transfer pricing-Arm’s length price-Adjustment made in respect of international transaction on purchase of traded goods-Comparable-Adjustment was deleted.