Application for exercise of option under sub-section (5) of section 115BAA of the Income - tax Act, 1961
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................................................... , on behalf of [name and registered address of the company exercising the option under sub-section (5) of section 115BAA] ……………….having Permanent Account Number (PAN)……………………………….. do hereby exercise the option referred to in ....
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....n exercised in From 10-IB : Yes/No 5. I do hereby withdraw the option under sub-section (4) of section 115BA exercised on [date]…….. in Form. No. 10IB, for previous year 20…..-……and subsequent years. (to be activated in the utility if answer to point 4 is Yes) 6. I understand that the option under sub-section (5) of section 115BAA, once exercised for any pre....