Tribunal Accepts Assessee's Calculation, Finds No Further Disallowance u/s 14A, Rule 8D Conditions Not Met.

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....Disallowance u/s 14A - disallowance u/r 8D was made of ₹ 2.19 Crores against total expenditure of ₹ 24.19 Lakhs - voluntarily disallowance by assessee of ₹ 7.79 Lakhs - for applicability of sub-rule (2) of Rule 8D, the requirements of sub-rule (1) would have to be satisfied i.e satisfaction of correctness of the claim of expenditure - Tribunal accepted such working out - no further disallowance....