Marceau, J:—This action is brought against notices of reassessment issued by the Minister of National Revenue in respect of the plaintiff’s 1975, 1976 and 1977 taxation years. The question raised is that of the market value, on December 31, 1971

Le Dain, J:—This is an appeal from a judgment of the Trial Division allowing an appeal from a decision of the Tax Review Board with respect to a reassessment for the 1962, 1963, 1966 and 1967 taxation years.

Walsh, J:—Plaintiff moves pursuant to Rule 324 for an order extending the time to make the application and for the Court to make a special direction concerning costs to the effect that the action be considered as a Class III action within the

Le Dain, J:—This is an appeal from a judgment of the Trial Division dismissing the appellant’s appeal from income tax assessments in respect of his 1975 and 1976 taxation years.

Collier, J:—The only remaining issue in this litigation is whether a company bonus, allegedly paid to and received by the defendant Ans, was properly included in his 1973 income.

Collier, J:—The plaintiff claimed, for its 1976 and 1977 taxation years, the small business deduction permitted by subsection 125(1) of the Income Tax Act, SC 1970-71-72, c 63 as amended. The Minister of National Revenue issued reassessments,

Rouleau, J:—The plaintiff, a resident of Saskatoon, Saskatchewan, incorporated Warren Champ Limited, a holding company not actively engaged in any endeavour. Both the memorandum of association and articles of association, are dated April 10, 1953. The memorandum of