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<h1>Notify Withdrawal of Settlement Application via Form 34BB Under Section 245C, Verify Details Per Section 140, Income-tax Act</h1> Form No. 34BB is used to notify the exercise of the option to withdraw a pending application for settlement under section 245C of the Income-tax Act, 1961. The applicant confirms that the application was not declared invalid under section 245D(2C) and no order was issued under section 245D(4) before January 31, 2021. The form requires the applicant's verification, including their full name, capacity, and competency to verify under section 140 of the Act. The form must be signed and dated, with the applicant's designation and address provided.
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