Assessee offered suo-moto disallowance of administrative expenses.Assessing Officer on not being satisfied with working of disallowance by assessee, invoked rule 8D(2)(iii) and recomputed same at higher amount. Tribunal confirmed the disallowance. on appeal  the Court held that  the  assessee had admittedly not furnished particulars of actual expenditure incurred by it for earning exempt income.The Assessing Officer had duly recorded his dissatisfaction with assessee’s computation of disallowance after examining its accounts and examining assessee’s explanation and then rejected same as per statutory formula in rule 8D. On appeal High Court affirmed the order of Tribunal.   (AY. 2012-13  2013-14)