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2013 (11) TMI 899 - AT - Income TaxRegistration u/s 12AA – Held that:- As per the report of Additional Commissioner - Money was collected from members of the Karikulam church and the same was deposited in the taxpayer's bank account. At the time of marriage, the money was refunded to the respective lady member along with its interest - It appears that the taxpayer is not doing any charitable activity other than collecting money from the members of the Karikulam church and deposited the same in the bank account of the taxpayer trust. At the time of marriage of the lady members it was refunded along with interest - The details of collection of money and how it was deposited and how the taxpayer institution meets its day to day affairs are not available on record - It is also not known whether the taxpayer is receiving any deposits or donation from third parties to meet the regular day-to-day activities - The matter needs to be re-examined by the Administrative Commissioner and bring on record the entire activity of the taxpayer trust – The issue was restored for re-examination.
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