Trust Registration & Re-registration

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Number Of Clients

Company Registrations

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GST Registrations

Trust registration

It is pertinent to note that existing procedure for registration under Section 12AA of IT Act has been omitted w.e.f. April 01, 2021 and a new Section 12AB (Procedure for fresh registration) has come into effect from 1st April, 2021. As per the said section, the Trusts or Institutions are required to apply for registration and approval under new Section 12AB within 3 months from 1 April 2021, i.e., by 30 June 2021. Similarly, Charitable Trusts and Exempt Institutions which are availing exemption benefit under Section 80G of IT Act are also required to apply for fresh registration under Section 12AB by 30 June 2021.

A brief summary of fresh registration / re-registration / renewal of registration is as under:

  • For entities already registered u/s 10(23C), 12A and 80G are required to submit an application for re-registration in Form 10A within 3 months from 1 April 2021 (i.e. application to be submitted latest by 30 June 2021). 
  • The same form shall be applicable for fresh registrations u/s 10(23C), 12A and 80G. 
  • Such forms are to be filed electronically with digital signature. 
  • On receipt of an application in form No. 10A the principal commissioner or commissioner, authorised by CBDT shall pass an order in writing granting registration in form No. 10AC and issue a 16 digit alphanumeric Unique Registration Number (‘URN’). to the entity. 
  • If it is noted that Form 10 A has not been duly filed by not providing, fully or partially, or by providing false or incorrect information or documents required to be provided,  principal commissioner or commissioner. 
  • After giving an opportunity of being heard, may cancel the registration in form 10AC. 

Further, Finance Act 2020 mandated charitable entities receiving donations to file donor wise statement to income tax authorities and shall be required to issue a certificate to the donor. Failure to file such a statement or issue certificate shall attract a fee of INR 200 per day and penalty ranging from INR 10000 to INR 100000. Donors shall be eligible to claim reduction under section 80G only if the said statement is filed. 

In this respect, CBDT has also introduced following relevant rules:

  • The entities required to furnish particulars of donors in form 10BD in respect of each financial year beginning with FY 2021-22. 
  • Such form is to be filed electronically with digital signature on or before 31 May 2022 for FY 2021-22. 
  • The charitable entity is required to issue a certificate to donor in form 10BE, specifying the amount of donation received during FY from such donor.


About Jatin

Jatin Nasa is an experienced professional, having gained mettle in various technical areas while working with BIG 4 Professional firms – EY, PwC & Deloitte, for more than 5 years. He founded shiva advisors after leaving PwC and set up a Chartered accountancy firm, Agarwal Nasa & Associates.

Witcorp, finally, is a limited liability partnership which is an alternative corporate business form that gives the benefits of limited liability of a company and the flexibility of a partnership.

Jatin has immense knowledge and significant experience in the area of human capital covering global mobility and employment taxation, tax issues relating to exchange control, interpretation of double tax avoidance agreements, tax litigation and India social security.

At Witcorp, he is extensively involved in structuring of international assignments in a tax efficient manner, compensation structuring review, resolving cross border tax issues around individual taxation including advisory on Indian Social security. He keeps a constant vigil on financial markets, its breath, core and depth catering to investment advisory for the clients as per their risk appetite and investment horizon.

Apart from being a Chartered Accountant, he holds CFA level 1 clearance, ICAI certifications in valuation and international taxation. He also has a bachelor’s degree in commerce from University of Delhi.

About Damini

After completing her chartered accountancy, she started her career with PwC in their global mobility taxation. After 2 years of working, she switched to full time practice and established her name in this profession in the city of Bangalore as an owner at Shiva Advisors. After working as an individual practician for more than 2 years, she set up a chartered accountancy firm, Agarwal Nasa & Associates. She has made Witcorp India advsiors a reality with her sheer wit.

At witcorp, she has applied her diverse knowledge and gained expertise in corporate accounting, taxation and compliance, especially in GST compliances, TDS compliances, ROC, litigation, book keeping, Return filing, tax assessment.

Apart from being a Chartered Accountant, Damini has done graduation in commerce from University of Kanpur.


“The services from registration to taking care of all compliance requirements of the company affairs is well kept by Witcorp. The partners of this organisation work on the commitment and on-time delivery of the services once committed. I thank Witcrop for being with us and helping us grow further.”

-VishwaJeet Anand

“We been with Witcorp from the inception of my company, and every experience with them has been remarkable. In every encounter, Witcorp has shown me such a customer service, professionalism, and knowledge which proves their mettle within the tax service/ accounting industry.

Damini Agarwal has truly done an incredible job in providing a simple tax service to a leading tax preparation and accounting service across Bangalore and India. I would sincerely recommend Witcorp to anyone who asked without second thoughts.”

– Abhinav Pathania

“The GST filing service by Witcorp has been excellent and smooth. The partners and their team handled my queries effectively on time. Damini’s personal involvement makes the strenuous GST filing process, very easy.

Kudos to the team!”

– Rajesh Naik
Creative Director

“Extremely delighted with the service level, the promptness and the approach-ability. I also appreciate the knowledge level the team possesses that always helps us clear our questions”.

– Gorakh Shrivastav

“Damini is such a professional who will take the time out for you even if she is occupied and busy with a hundred other things. She has the patience to explain things to you like no other. She is a pleasant person to work with. Witcorp has been immensely valuable in helping us navigate the complexities of starting a business and get a grip on how corporate & tax compliance works. I would 100% recommend Witcorp”

– Mriganka Bhuyan

“We’ve been working with Witcorp since our inception. The partners and their team has led us through the progress and development of all our business, regulatory and financial endeavors. We have found them to be extremely trustworthy with the utmost professionalism. We would have no hesitation in recommending Witcorp to anyone in need of an excellent accountant, who constantly deliver what they promise.”

– Danish Refai

“Damini Agarwal of Witcorp have been with us since the day we incorporated our company. From helping us understand the different layers of compliance that our company needed to follow, making things simple and quick for the start up. She has done everything to help make our journey smooth so that we can focus on our core strengths. Rest assured that we are represented by a very professional team of chartered accountants and we look forward to many more years of this fruitful partnership that we have built together.”

– Rishabh Malhotra

“The partners of Witcorp have been professional and absolutely helpful. They are not only adept but also quick to provide solutions relating to their domain. Our financials including GST filings has been associated with them since inception and it has been smooth ride so far.”

– Arnold Fernandes

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