A J Frost:—This is an appeal from an income tax reassessment dated April 8, 1969 for the appellant’s taxation year 1967 wherein an additional tax was levied with respect to gains realized from the sales of shares in 12th Avenue Building Limited and Allied

A J Frost:—This appeal is from an income tax assessment in respect of the appellant’s 1966 taxation year wherein the proceeds from the sale of mineral claims, known as “Roy 1-36”, to San Doh Mines Limited, on July 29, 1966, was added to the appellant’s

W O Davis:—The appellant in these proceedings has appealed from reassessments to income tax in respect of its taxation years ended December 31, 1967 and 1968, wherein it was informed that no tax was payable by it for either year as a result of the application of losses suffered by it in 1965 and 1966 against the income earned by it in 1967 and 1968.

A J Frost:—This is an appeal from an assessment to income tax in respect of the appellant’s 1969 taxation year, wherein an amount of $5,403.59 which the appellant sought to deduct in respect of ‘‘trading losses” was disallowed as a deduction from the income

Maurice Boisvert:—This appeal is from an assessment for the taxation year 1968, dated June 27, 1969.

The income tax return indicates that during 1968 appellant earned a net income of $5,411.46 as a free lance actor. The sum of $632.49 was deducted from his income, and he claimed the sum of $25.37 in overdeductions.

After examining the return, respondent raised the net income for the year to $6,380.76, as shown by Form T7W-8, set out below:

The Chairman:—This matter was disposed of on the hearing’s conclusion at Toronto. However, it still remains to record the reasons for the decision then reached. An income tax assessment relating to the appellant’s taxation year 1968 is involved, its fiscal period ending

Maurice Boisvert:—This appeal was heard at Montreal, Province of Quebec, on November 23, 1970, before the Tax Appeal Board as it was then constituted, and concerns an income tax assessment dated August 19, 1968 in respect of the taxation year 1965.

A J Frost:—These two appeals were heard together at Toronto, Ontario, on October 26, 1971 by the Tax Appeal Board as it was then constituted, the first being from a reassessment dated December 9, 1969 in respect of the appellant’s 1967 taxation year and the

W O Davis:—These appeals having come on for hearing at the City of London in the Province of Ontario on December 1, 1971 at a sittings of the Tax Appeal Board as it was then constituted, and it having been agreed by the parties that their disposition should abide the result in the appeal of Wallaceburg-Singer Limited which was also called for hearing on the same day, the factual situation in all three appeals being similar,

W O Davis:—This appeal came on before me for hearing at the City of London, Ontario, on December 1, 1971 at a sittings of the Tax Appeal Board as it was then constituted.