The Assessing Officer invoked rule 8D merely on the ground that the suo motu disallowance offered by the assessee was insignificant compared to the exempt income earned. The Tribunal held that, in the absence of proper satisfaction recorded with cogent reasons regarding the incorrectness of the assessee’s claim, invocation of section 14A read with rule 8D was invalid. The deletion of the disallowance was upheld. (AY. 2014-15).