Collier, J:

Dubé, J:

1 The Minister of National Revenue has appealed from the allowance by the Tax Appeal Board of appeals of Malloney's Studio Limited from assessments to income tax in respect of its 1966 and 1967 taxation years which ended on May 31 in each year.

2 For convenience of reference, the Minister of National Revenue and Malloney's Studio Limited shall hereinafter be referred to respectively as “the Minister” and “the Company”.

The Chairman (orally: December 12, 1974):

A J Frost:

The Chairman (orally: March 19, 1975):

1 This is an appeal by Polly Chersky Smith, Marvin Smith, Eric Morton Smith, Dame Jacqueline Smith (wife of Arthur Freedman), and Harold Margolese, executors under the will of Manasseh Smith.

The Chairman (orally: December 13, 1974):

1 This is an appeal by Doral Investment Corporation against reassessments of the Minister of National Revenue for the 1970 and 1971 taxation years. The point at issue is whether or not a loss claimed by the appellant in the amount of $175,000, approximately, is deductible in the year 1970 or whether it is really a repayment, or the result of a repayment, of capital to this company by or on behalf of Mr Max Schuchmann.

Walsh, J:

The Chairman (orally: December 11, 1974):

1 This is an appeal by John T Burnett against the reassessment of the Minister of National Revenue for the 1971 taxation year. The point at issue is the nature of a total sum of $10,000 which, it is alleged by the appellant, consisted of $7,000 received by him for his interests in a company known as Aegis Marketing International Limited and $3,000 for expenses incurred by him over the course of his association with the company.

Collier, J:

Judson, J (per curiam):