Option to withdraw pending settlement application must be made via Form 34BB and filed electronically with verified intimation. Rule 44DA requires the exercise of the option to withdraw a pending settlement application to be made in Form No. 34BB, verified by the person authorised to verify the return of income, furnished electronically per procedures, formats and standards specified by the Principal Director-General/Director-General of Income-tax (Systems), and accompanied by an uploaded signed printout; Form No. 34BB also requires affirmation that the original application was not declared invalid nor subject to a specified order by the stated cutoff date and includes a verification clause confirming competence to verify.