The Delhi High Court in CIT vs. Taikisha Engineering India Ltd has held that no disallowance can be made u/s 14A if AO does not record satisfaction with reference to accounts that assessee's claim is improper. However, if Rule 8D applies, assessee's claim that interest is not disallowable on ground of "own funds" is not acceptable - [2015-ITRV-HC-DEL-118]