Application for exercise of option under sub-section (5) of section 115BAE 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 115BAE] ………. having Permanent Account Number (PAN) ................................................................................... do hereby exercise the option referred to in sub-section (5) of sec....

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....achinery or plant previously used except as provided in Explanation 1 and Explanation 2 of sub-section (2) of section 115BAE of the Act; (iii) the co-operative society is not engaged in any business other than the business of manufacture or production of any article or thing and research in relation to, or distribution of, such article or thing manufactured or produced by it as specified against....