Maintenance & development of park is charitable activity

IN THE ITAT MUMBAI BENCH ‘B’ New Saibaba Nagar Welfare Association v/s. Director of Income-tax (Exemption), Mumbai IT APPEAL NO. 6011 (MUM.) OF 2011 [ASSESSMENT YEAR 2011-12] JULY 31, 2012 ORDER Vivek Varma, Judicial Member The instant appeal has been filed by the assessee trust against the cancellation of Registration u/s 12AA(1)(b)(iii), read with section 12A of the Act. 2. The facts of the case are, that the assessee trust was registered under the Bombay Public Trust Act, 1950 vide registration No. F-39290 dated 18-02-2010 and under the Societies Registration Ac...