Balstone Farms Limited v. Minister of National Revenue, 68 DTC 5018, [1968] CTC 38, [1968] S.C.R. 205 -- text

JUDSON, J. (concurred in by Martland, Ritchie and Hall, JJ.) :—The issue in this appeal is whether the appellant, Bal- stone Farms Ltd., as a result of its sale of land and the granting and forfeiture of certain options for the sale of land, had

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