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<h1>Companies to Elect Tax Option Under Section 115BAB: Submit Details to Assessing Officer for Compliance</h1> This document is a form for companies to exercise an option under sub-section (7) of section 115BAB of the Income-tax Act, 1961. It is addressed to the Assessing Officer and requires the company to provide details such as its name, PAN, registered address, setup date, nature of business, and commencement date of manufacturing. The form affirms that the company meets specific conditions, such as not being formed by splitting up an existing business, not using previously used machinery or buildings, and engaging only in manufacturing or production. Once exercised, this option cannot be withdrawn for any previous year.