Amount received from subscription of e-journals doesn’t qualify as royalty & hence not taxable

CIT- International Taxation Vs Springer Nature Customer Services Centre (Delhi High Court) Delhi High Court held that amount received from subscription of e-journals cannot be treated as royalty as right in respect of copyright to the concerned subscribers not granted. Hence, the same is not taxable in India. Facts- The respondent/assessee had filed its return of income (ROI) for the AY 2013-14. Via the said ROI, the respondent/assessee declared its income as ‘nil’, which was initially processed u/s. 143(1) of the Income Tax Act, 1961. The ROI was, however, picked up for scrutiny and accor...