J O Weldon:—This appeal with respect to the appellant’s 1967, 1968 and 1969 taxation years was heard at Toronto, Ontario on December 9, 1971 under the Tax Appeal Board as it was then constituted. The parties were represented by counsel as follows: J G Ware,

Maurice Boisvert:—This appeal was heard at Montreal, Province of Quebec on March 25 and May 18, 1971 by the Tax Appeal Board as it was then constituted, and concerns income tax assessments dated June 20, 1969 wherein taxes in the amount of $34,394.19 were

W O Davis:—These are appeals from assessments to income tax in respect of the taxpayer’s 1962 and 1963 taxation years. In view of the fact that the same problem called for consideration in both years and that much of the evidence was applicable to both

A J Frost:—This is an appeal from an income tax assessment in respect of the appellant’s 1968 taxation year wherein the penalty of $82,168.80 imposed under subsection (4) of section 48 of the Excise Tax Act was not allowed as a deduction

J O Weldon:—This appeal with respect to the 1968 taxation year was heard at Kitchener, Ontario on March 25, 1971 under the Tax Appeal Board as it was then constituted. The appellant acted for himself in the matter and D J A Rutherford, Esq, acted as

Roland St-Onge:—This appeal was heard on March 15 and 16, 1971, at Montreal, Province of Quebec, before the Tax Appeal Board as it was then constituted. The subject of the appeal is the valuation of 12,500 common shares, no par value, of Velan Engineering

Roland St-Onge:—This appeal was heard at Victoria, BC on November 3, 1971, by the Tax Appeal Board as it was then constituted, and is from a reassessment dated July 30, 1970 wherein the sum of $25,677.98 was added to the appellant’s income in respect of

A J Frost:—For the reasons issued this day in Jomas Management Ltd v MNR, the appeal is allowed in part and the matter referred back to the Minister for reconsideration and reassessment on the basis that the profit realized on the sale of shares in 12th Avenue Building Limited was a Capital gain not subject to tax.

Appeal allowed in part.

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