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, environment, volunteerism. Actual activities: Only ₹2.79 lakh spent on food (main object), ₹57.25 lakh ...