Application for exercise of option under sub-section (5) of section 115BAD of the Income-tax Act, 1961

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................................................. , on behalf of [name and registered address of the co-operative society exercising the option under sub-section (5) of section 115BAD] ………. having Permanent Account Number (PAN)……………………………….. do hereby exercise the option referred to in sub-section ....

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....on under sub-section (5) of section 115BAD, once exercised for any previous year, cannot be subsequently withdrawn for the same or any other previous year. 6. I do hereby further affirm that the conditions stipulated in section 115BAD are and shall be satisfied by the aforesaid co-operative society. Place: Date: Yours faithfully, Signature of Principal Officer…………&....