Cases

The appeals from the reassessments made under the Income Tax Act for the 1998, 1999 and 2000 taxation years are allowed with costs to the extent that the non-capital loss incurred by the Appellant in his 1992 taxation year is carried forward and applied as to $8,662 to his 1998 taxation year and as to $21,822 to his 1999 taxation year and the reassessments are referred back to the Minister of National Revenue for reconsideration and reassessment on the foregoing basis.