Roland St-Onge (orally: March 13, 1978):—The appeal of Mr Klaus L E Kaiser came before me on March 13, 1978 at the City of Toronto, Ontario.

Guy Tremblay [TRANSLATION]:—This case was heard in Sherbrooke, Quebec on February 9, 1977.

Guy Tremblay [TRANSLATION]:—The case at bar was heard at Montreal, Quebec on March 11, 1977.

Guy Tremblay [TRANSLATION]:—The case at bar was heard at Quebec City, Quebec, on April 6, 1977.

1. Summary

It must be decided:

Delmer E Taylor:—These are appeals against income tax assessments by which the Minister of National Revenue disallowed the small business deduction from corporation taxes claimed for the’ taxation years 1973 and 1974 respectively. The appellant relied upon

Delmer E Taylor:—This is an appeal against an income tax assessment for the year 1972 wherein the Minister of National Revenue assessed to tax the recaptured capital cost allowance in connection with a deemed disposition of depreciable property. The

The Chairman:—This is the appeal of Anthony Mifsud from an income tax assessment in respect of the 1973 and 1974 taxation years whereby the respondent disallowed amounts of $1,050 and $600 claimed by the appellant as travelling expenses in the pertinent

The Chairman:—This is the appeal of Shankar A Yelaja from income tax assessments by which the Minister of National Revenue disallowed an amount of $2,672.82 in 1973 and an amount of $2,658.47 in 1974, claimed by the appellant as expenses of

Delmer E Taylor:—This is an appeal against income tax assessments in which the Minister of National Revenue increased the taxable income of the appellant for the year 1972 by an amount of $182,906, and decreased the taxable income for the years

Delmer E Taylor:—There are two matters in these appeals resulting from income tax assessments for the years 1972 and 1973. One deals with valuation to be used as of Valuation Day (V-Day) December 31, 1971, for real estate sold in 1973 by