Charity Must Benefit Public, Not Celebrities: 12A & 80G Registration denied

TIF Foundation Vs CIT Exemptions (ITAT Chandigarh)

Charity Must Benefit Public, Not Celebrities – 95% Funds on Sports Awards, Not Charity – ITAT Chandigarh Upholds Rejection of 12A & 80G

Background

Assessee Trust formed on 04.12.2023 sought registration u/s 12A(1)(ac)(iii) & Approval u/s 80G. Provisional registration granted for AYs 2024-25 to 2026-27. Trust commenced activities on 14.06.2024.

CIT(E)’s Findings

• Trust’s stated objects: food relief, medical aid, education, enviro

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