Is Compensation Received For Not Getting Job Taxable?

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This is an interesting case . The facts of the case in CIT vs Rani Shankar Mishra [2010] 222 CTR 128 was as under”

2. In January, 1982, the assessee had applied for a job in the Voice of America which was a state owned broadcasting agency. In 1984, the assessee was informed that she

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