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He manufactures his lumber for sale, and, as a general rule, would not manufacture any specific lumber for use in connection with his building contracts, but would simply take lumber for these purposes from the general stock manufactured for sale, and might thus, under the view taken in the court below, escape taxation on all lumber thus diverted from the general stock manufactured for sale. ...

In his judgment the learned President of this Court declined to follow the decision in the Borax case and stated at p. 265: “In my view it is established that legal expenses incurred by a taxpayer in maintaining the title to his property or protecting his income when earned, or in connection with the financing of his business, are not directly related to the earning of his income and are not allowed as deductions in computing the gain or profit to be assessed.” ...

The present controversy arises in connection with property A only. Property A, above mentioned, has a substantial building upon it, being three storeys high with a frontage of 94-95 feet on Bloor Street, and a frontage of 160 feet on Dovercourt Road. ...

Subject to the provisions of the Act it has exclusive jurisdiction to hear and determine all questions that may arise in connection with the assessment. ...

Garde ‘s endeavours in this connection covered a period of three months previously to the return sailings; he unhesitatingly stresses the real difficulty of procuring cargoes on West bound voyages, save for regular liners. ...

In computing the amount of the profits or gains to be assessed, a deduction shall not be allowed in respect of (a) disbursements or expenses not wholly, exclusively and necessarily laid out or expended for the purpose of earning the income; (e) carrying charges or expenses of unproductive property or assets not acquired for the purposes of a trade, business or calling or of a liability not incurred in connection with a trade, business or calling; ’ ’ In Bennett and White Construction Company Limited v. ...

The agreement recited that the husband and wife had agreed to live separately from each other in the future; that there were two surviving children of their marriage, namely Mary Frances Torrance Beardmore, born January 5, 1912, then an adult, and Nora Margaret Torrance Beardmore, born July 18, 1925, then an infant under the age of 21 years, and provided that the respondent would pay to his wife the sum of $625.00 on the execution of the agreement, plus the sum of $300.00 for her legal expenses in connection therewith, and thereafter the sum of $7,500.00 annually in twelve equal monthly instalments of $625.00 each on the first day of each month during their joint lives, the wife to have the custody of the infant daughter until she attained her majority, the respondent to pay her maintenance and expenses if she attended a boarding school approved by him and, subject to such provision, the wife would support and maintain herself and the said children and keep the husband indemnified against all debts and liabilities thereafter contracted or incurred by her, etc. ...

However, the fact that they had money so available was obviously known to the solicitors who approached them and who did all legal work in connection with the transactions. ...

He was assessed to income-tax under Schedule D on his profits on the sale of the linen, and on appeal to the Special Commissioners he contended that he did not carry on any trade in connexion with linen, that the transaction was an isolated one, and that the profit was not an annual profit chargeable to income-tax. ...

It would have been easy for the legislators, had they wished to include in the sale price the excise tax, to have said so specifically as they did in connection with the excise duties. ...