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![Interest on Loan not Taxable in absence of mechanism for bifurcation of Service prior to March 2006: Bombay High Court [Read Order] Interest on Loan not Taxable in absence of mechanism for bifurcation of Service prior to March 2006: Bombay High Court [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/02/Interest-on-loan-mechanism-for-bifurcation-of-service-Bombay-High-court-Taxscan.jpeg)
Interest on Loan not Taxable in absence of mechanism for bifurcation of Service prior to March 2006: Bombay High Court [Read Order]
The Bombay High Court held that interest on the loan is not taxable in absence of a mechanism for bifurcation of service prior to March 2006. The...