sustained (capital losses)

The Minister of National Revenue v. Consolidated Glass Limited, 57 DTC 1041, [1957] CTC 78, [1957] SCR 167 -- summary under Subsection 39(2)

Full Title
The Minister of National Revenue v. Consolidated Glass Limited, 57 DTC 1041, [1957] CTC 78, [1957] S.C.R. 167
Summary Under
Tax Topics - Income Tax Act - Section 39 - Subsection 39(2)
"sustained" means actually realized

In computing its undistributed income on hand at the end of its 1949 taxation year, the taxpayer was entitled to deduct "all capital losses...

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sustained (capital losses)
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