Sobier, T.C.CJ.:—The appellant appeals from the reassessment by the respondent for his 1986 taxation year whereby, in respect of the disposition of certain real property, the respondent recorded the amount of $47,826.90 as business income, whereas the appellant had reported

Bowman, T.CJ.:—The appellant appeals from a reassessment for his 1989 taxation year. His sole objection to the reassessment is the imposition of a $500 penalty which was levied pursuant to subsection 163(1) of the Income Tax Act,

Garon, T.C.j.:—The appeals of the four appellants were heard on common evidence. Three of the appellants were represented by counsel, and the fourth, Pierre Daneau, acted for himself.

Dussault, T.CJ. [Translation]:—This is an appeal from the new assessments established by the respondent, the Minister of National Revenue, for the appellant's 1984 and 1985 taxation years.

Rip, T.C.J.:—The main issue in these appeals from assessments of income tax is whether 527208 Ontario Limited C Ontario") received money on the retirement of a debenture issued by Happy Valley Hotel Limited CH.V. Limited") on its own account or for the

Wetmore, J.:—Some facts are first necessary.

1. August 4, 1989—Shirlar Holdings Ltd. gave a general assignment of book accounts to the plaintiff.

Reed, J.:—The taxpayer appeals a decision of the Minister which disallowed his claim for full farm losses for the years 1978-1980.

Reed, J.:—The issue in this case is whether the plaintiff's claim that a reserve of $3,084,000 for doubtful debts for its 1982 taxation year is reasonable, as required by paragraph 20(1)(l) of the Income Tax Act, R.S.C. 1952, c.

Vancise, J.A.:—

Hirschfield. J.:—The respondent Coopers & Lybrand Limited (Coopers) as the Receiver and Manager of the respondent Triman Industries Ltd. (Triman) applies for a declaration that the Royal Bank of Canada (the Bank) has priority over Revenue Canada to all moneys paid into