when EJB method called from application client with proper authorization call is wrongly denied

When calling EJB method from client with authenticated user holding proper authorization, method call is denied.
It is happening for stateless as well as stateful beans.

See server exception:
09:31:58,254 INFO [org.jboss.as.test.integration.ejb.security.SingleMethodsAnnSFSBTestCase] (main) JNDI name=ejb:/singleMethodsAnnOnlySFSB//SingleMethodsAnnOnlyCheckSFSB!org.jboss.as.test.integration.ejb.security.authorization.SimpleAuthorizationRemote?stateful

09:31:58,299 ERROR [org.jboss.ejb3.invocation] (pool-8-thread-5) JBAS014134: EJB Invocation failed on component SingleMethodsAnnOnlyCheckSFSB for method public abstract java.lang.String org.jboss.as.test.integration.ejb.security.authorization.SimpleAuthorizationRemote.roleBasedAccessOne(java.lang.String): javax.ejb.EJBAccessException: JBAS014502: Invocation on method: public abstract java.lang.String org.jboss.as.test.integration.ejb.security.authorization.SimpleAuthorizationRemote.roleBasedAccessOne(java.lang.String) of bean: SingleMethodsAnnOnlyCheckSFSB is not allowed
at org.jboss.as.ejb3.security.AuthorizationInterceptor.processInvocation(AuthorizationInterceptor.java:99) [jboss-as-ejb3-7.1.0.CR1-SNAPSHOT.jar:]
at org.jboss.invocation.InterceptorContext.proceed(InterceptorContext.java:288) [jboss-invocation-1.1.1.Final.jar:]
at org.jboss.as.ejb3.security.SecurityContextInterceptor.processInvocation(SecurityContextInterceptor.java:70) [jboss-as-ejb3-7.1.0.CR1-SNAPSHOT.jar:]
at org.jboss.invocation.InterceptorContext.proceed(InterceptorContext.java:288) [jboss-invocation-1.1.1.Final.jar:]
at org.jboss.as.ee.component.NamespaceContextInterceptor.processInvocation(NamespaceContextInterceptor.java:50) [jboss-as-ee-7.1.0.CR1-SNAPSHOT.jar:]
at org.jboss.invocation.InterceptorContext.proceed(InterceptorContext.java:288) [jboss-invocation-1.1.1.Final.jar:]
at org.jboss.as.ejb3.component.interceptors.LoggingInterceptor.processInvocation(LoggingInterceptor.java:57) [jboss-as-ejb3-7.1.0.CR1-SNAPSHOT.jar:]
at org.jboss.invocation.InterceptorContext.proceed(InterceptorContext.java:288) [jboss-invocation-1.1.1.Final.jar:]
at org.jboss.invocation.ChainedInterceptor.processInvocation(ChainedInterceptor.java:61) [jboss-invocation-1.1.1.Final.jar:]
at org.jboss.as.ee.component.ViewService$View.invoke(ViewService.java:165) [jboss-as-ee-7.1.0.CR1-SNAPSHOT.jar:]
at org.jboss.as.ejb3.remote.protocol.versionone.MethodInvocationMessageHandler.invokeMethod(MethodInvocationMessageHandler.java:259) [jboss-as-ejb3-7.1.0.CR1-SNAPSHOT.jar:]
at org.jboss.as.ejb3.remote.protocol.versionone.MethodInvocationMessageHandler.access$200(MethodInvocationMessageHandler.java:56) [jboss-as-ejb3-7.1.0.CR1-SNAPSHOT.jar:]
at org.jboss.as.ejb3.remote.protocol.versionone.MethodInvocationMessageHandler$1.run(MethodInvocationMessageHandler.java:177) [jboss-as-ejb3-7.1.0.CR1-SNAPSHOT.jar:]
at java.util.concurrent.Executors$RunnableAdapter.call(Executors.java:441) [:1.6.0_27]
at java.util.concurrent.FutureTask$Sync.innerRun(FutureTask.java:303) [:1.6.0_27]
at java.util.concurrent.FutureTask.run(FutureTask.java:138) [:1.6.0_27]
at java.util.concurrent.ThreadPoolExecutor$Worker.runTask(ThreadPoolExecutor.java:886) [:1.6.0_27]
at java.util.concurrent.ThreadPoolExecutor$Worker.run(ThreadPoolExecutor.java:908) [:1.6.0_27]
at java.lang.Thread.run(Thread.java:662) [:1.6.0_27]