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![Deduction allowable on Expenditure if purpose of incurring Expenditure is to earn Income: Karnataka HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/12/d5a847da-a78c-4190-b357-ae4a25f4e1e3.jpg "Deduction allowable on Expenditure if purpose of incurring Expenditure is to earn Income: Karnataka HC [Read Order]")
Deduction allowable on Expenditure if purpose of incurring Expenditure is to earn Income: Karnataka HC [Read Order]
The Karnataka High Court held that the deduction is allowable on expenditure if the purpose of incurring expenditure is to earn income. The...