Bonner J.T.C.C.: — This is an appeal from an assessment of income tax for the Appellant’s 1989 taxation year. During that year Stewart Investments Inc. (“Investments”), a corporation in which the Appellant was a shareholder, agreed to purchase real

Taylor J.T.C.C.: — This is an appeal heard in Toronto, Ontario, on July 29, 1996 under the informal procedure, against an income tax assessment for the year 1991 in which the Respondent had disallowed as a deduction an amount of $27,630.66

Christie J.T.C.C.: — These appeals are governed by the informal procedure provided for under section 18 and following sections of the Tax Court of Canada Act. The years under appeal are 1991, 1992, 1993.

Sobier J.T.C.C.: — Many are the plans that people start out with which go astray. I think what we have here, in dealing with the interest and other expenses, is such an occasion. I will deal first with the 1991 and 1992 taxation

Sobier J.T.C.C.: - The Appellant appeals the assessment by the Minister of National Revenue, (the “Minister”), for her 1990 taxation year, whereby the Minister assessed the penalty under subsection 163(2) of the Income Tax Act (the

Beaubier J.T.C.C.: — This appeal pursuant to the Informal Procedure was heard at Prince George, British Columbia on July 22, 1996. The Appellant was the only witness. Paragraphs 1 to 8 inclusive of the Reply read:

Hamlyn J.T.C.C.: - This is a motion to review the taxation of costs of this matter. The Appellant is dissatisfied with the taxation of costs as taxed and allowed by the Registrar of the Tax Court of Canada.

O’Connor J.T.C.C.: — This appeal was heard on August 8, 1996 at Ottawa, Ontario pursuant to the Informal Procedure of this Court.

P.R. Dussault J.T.C.C.: — The appeals were heard on common evidence. They are appeals from assessments for the 1986, 1987, 1988 and 1989 taxation years by each of the appellants, referred to collectively as “the appellants”. Helen Kiliaris had

Bowman J.T.C.C.: — By consent it is ordered and adjudged that the appeal from a reassessment of interest dated August 12, 1992 is allowed without costs to either party and referred back to the Minister of National Revenue for reconsideration and