PSC Elstow Research Farm Inc v. The Queen, 2009 DTC 168, 2008 TCC 694 -- summary under Paragraph 12(1)(x)

By services, 28 November, 2015

Research grants received by the parent of the taxpayer were not includible in its income under s. 12(1)(x) to the extent that such assistance was spent on projects that were unrelated to the research facility of the taxpayer, given that s. 12(1)(x) did not include an amount in the taxpayer's income unless the amount was actually received by the taxpayer.

Topics and taglines
Topic
Income Tax Act - s. 12(1)(x)
Tagline
amounts for unrelated projects were not "received"
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
333765
Extra import data
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