Blok-Andersen v. MNR, 72 DTC 6309, [1972] CTC 338 (FCTD) -- summary under Subsection 112(2.1)

By services, 28 November, 2015

In the course of considering a submission that s. 85B(1)(B) of the pre-1972 Act (now s. 12(1)(b)) did not apply to an adventure in the nature of trade, Cattanach J. stated (at p. 6321):

"The phrase 'in the course of' contemplates a succession of events in a regular order. It also contemplates a result which follows from an event being set in motion. Such a result will arise in the case of an isolated sale as well as in a continuous number of sales."

Topics and taglines
Topic
Income Tax Act - s. 112(2.1)
Words and phrases
in the course of
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
333477
Extra import data
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