Canadian Propane Gas & Oil Ltd. v. MNR, 73 DTC 5019, [1972] CTC 566 (FCTD) -- summary under Section 67

By dwpv, 28 November, 2015

With respect to the statutory predecessor of s. 68, Cattanach J. stated (p. 5028):

"I should think that 'reasonable' as used in the context of section 20(6)(g) does not mean from the subjective point of view of the Minister alone or the appellant alone, but rather from the point of view of an objective observer with the knowledge of all the pertinent facts."

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Income Tax Act - s. 67
d7 import status
Drupal 7 entity type
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Drupal 7 entity ID
338597
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