Before us, the Ld. counsel for assessee contended that
the acti vi ti es carri ed out by the I mprovement trust
consti tuted unde ... xempti on as carr yi ng out chari tabl e acti vi ti es as per secti
assessment
year 2011-12 under consi derati on, si nce i ts acti viti es fall i n
the category of "advancement of object ... ncome i s concerned, he hel d the same to be the
acti vi ties of the assessee trust by observi ng as under
that the asse ssee i s carryi ng o u t the
acti vi tie s as a busin ess ve ntu re rathe ... acti v iti e s such as re li e f o f p o o r,
e d ucatio
sess me nt year c onsi de ri ng simil ar acti vity on the very same
set of facts and circumstances has allowed relief
acti
