W O Davis:—This is an appeal from an assessment to income tax dated September 14, 1970 in respect of the year 1966. The appeal was heard at Toronto, Ontario in April 1971 by the Tax Appeal Board as it was then constituted.

A J Frost:—This is an appeal from an income tax reassessment dated July 28, 1970 varying an earlier assessment dated May 14, 1969 in respect of the appellant’s 1967 taxation year, wherein the Minister of National Revenue levied an additional tax on the gain

A J Frost:—This is an appeal from an income tax assessment dated June 24, 1970 in respect of the appellant’s 1968 taxation year. Upon Notice of Objection duly signed and filed, the Minister of National Revenue reconsidered the assessment and confirmed it on April

A J Frost:—This appeal, which was heard at Calgary, Alberta on september 27, 1971 by the Tax Appeal Board as it was then constituted, is from assessments in respect of the appellant’s taxation years 1965, 1966 and 1967.

A J Frost:—This is an income tax appeal in respect of the appellant’s 1968 taxation year. Upon Notice of Objection duly signed and filed the Minister of National Revenue reconsidered the assessment and confirmed it on the ground that the appellant was not in

A J Frost:—This is an appeal from an income tax reassessment dated August 10, 1967 in respect of the appellant’s 1963 taxation year, wherein the amount assessed was increased from 89¢ to $40,004.28. This appeal was heard at Vancouver, BC on May 19 and 21

Roland St-Onge:—This appeal was heard at the City of Victoria, in the Province of British Columbia on November 5, 1971 by the Tax Appeal Board as it was then constituted, and is from a reassessment dated December 7, 1970 wherein a tax in the amount of

A J Frost:—The appeal herein is hereby allowed with respect to the 1965 taxation year for the same reasons as are set out in the Reasons for Judgment issued concurrently herewith in Precision Automotive Company Limited v MNR.

A J Frost:—This appeal is from an income tax reassessment dated March 3, 1970 (varying a previous reassessment dated September 19, 1968) wherein a tax of $15,507.50 was levied in respect of the appellant’s 1964 taxation year, and was heard at Toronto, Ontario on

Roland St-Onge:—This appeal was heard on July 16, 1971 at Saint John, New Brunswick by the Tax Appeal Board as it was then constituted, and deals with an assessment dated May 8, 1970 in respect of income for the 1965 taxation year.

In reassessing the appellant for the said year the respondent acted on the following assumptions: