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of <h1>Company Applies for Tax Option Under Section 115BAA of Income-tax Act, 1961; Details and Declarations Required</h1> This document is an application form for a company to exercise the option under sub-section (5) of section 115BAA of the Income-tax Act, 1961. The form is addressed to the Assessing Officer and requires the company to provide details such as its name, PAN, registered address, date of incorporation, and nature of business. It also inquires whether the company has units in an International Financial Services Centre and whether it has previously exercised options under section 115BA. The form includes a declaration that the option, once exercised, cannot be withdrawn and that the company will meet the conditions of section 115BAA.
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