Tribunal held that the Assessing Officer has arrived at objective satisfaction hence disallowance is justified, however voluntary disallowance made by the Assessee is to be reduced.(AY. 2014-15, 2013-14, 2014-15)
Shahrukh Khan v. DCIT (2021) 209 TTJ 356 / 197 DTR 1 (Mum.)(Trib.)
S. 14A : Disallowance of expenditure-Exempt income-Assessing Officer has arrived at objective satisfaction-Disallowance is justified-Voluntary disallowance made by the Assessee is to be reduced. [R. 8D (2)(iii)]