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TMI Blog2019 (3) TMI 1676X X X X Extracts X X X X X X X X Extracts X X X X ..... order again and the order of the Tribunal and noted that the AO has nowhere pointed out from the accounts of the assessee that the assessees suo moto is wrong and there is no basis or recording of satisfaction. Hence, we find no error in the order of the Tribunal which is apparent on record. MA s of the Revenue are dismissed - MA No. 35/Mum/2019 (Arising in ITA No. 5879/Mum/2012), MA No. 36/Mum ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... disallowance of expenses relatable to exempt income, which was not in accordance with rule 8D of the Rules. The revenue in this Misc. Application has reproduced Para 6 of the Tribunal order which reads as under: - 6. We find from the above proposition and the facts of the case that the AO has not at all recorded the satisfaction for rejecting the claim of expenditure suo moto disallowed ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... onsidered these material facts in its order. Even if, the satisfaction was found to be insufficient, the issue may be restored back to the file of the AO to examine working of the assessee and record satisfaction properly. According to the learned Sr. Departmental Representative, in view of the above there is a mistake apparent from the record of the Tribunal as per him, the AO has recor ..... X X X X Extracts X X X X X X X X Extracts X X X X
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