Subscription to legal database does not amount to transfer of copyright: Delhi High Court

In a recent landmark judgment, the Delhi High Court provided clarity on the taxation of software royalties under the Income Tax Act, 1961, and the Double Taxation Avoidance Agreement (DTAA) between India and the United Kingdom. The case pertained to a dispute between Infrasoft Corporation (Assessee) and the Income Tax Department regarding the taxability of payments received for the use of computer software. Background: The Assessee, a software company, had…