Tribunal held that the activities carried out by the assessee were not in the nature of trade, commerce or business. The Gujarat Maritime Board is under legal obligation to apply the income which arises directly and substantially from the business held under trust for the development of minor ports in the State of Gujarat. The fees collected by the assessee were incidental to the object and purpose of attainment of the main object for development of mining ports as enumerated in the provisions of the Gujarat Maritime Board Act, 1981. The activities of the assessee were for advancement of any other object of general public utility and not hit by the proviso to section 2(15).Entitle to exemption.(AY. 2014-15)