Ottawa Valley Power Company v. Minister of National Revenue, [1970] CTC 305, 70 DTC 6223

By services, 17 January, 2023
Is tax content
Tax Content (confirmed)
Citation
Citation name
[1970] CTC 305
Source
https://taxinterpretations.com/
Citation name
70 DTC 6223_1
Source
https://taxinterpretations.com/
Decision date
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
671016
Extra import data
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"field_full_style_of_cause": "Ottawa Valley Power Company, Appellant, and Minister of National Revenue, Respondent.",
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Style of cause
Ottawa Valley Power Company v. Minister of National Revenue
Main text

Abbott, J. (orally for the Court) :—We are all of opinion that the expenditure of $1,932,150 made by the Hydro-Electric Power Commission of Ontario was not an expenditure which can be taken into account in determining the capital cost to appellant of its depreciable property within the terms of Section 11(1) (a) of the Income Tax Act.

The appeal must therefore be dismissed with costs.

Court
Supreme Court of Canada