Procedure for Exercise of Option U/s 245M
Provide basic details for assessees intending to exercise option under sub-section (1) of section
245M
The assessee who wish to exercise option for withdrawal application filed u/s 245C and such
application is pending, shall first provide the basic details in following format on the form placed at
www.nic.in
UpIoad of signed copy of Form No. 34BB on E-Filing", Portal of the Department:
The assessee, to whom intimation to upload Form No. 34BB is generated, shall upload scanned
printout of Form No. 34BB, duly verified as per sub-rule (2) of Rule 44DA of the RuleS,online on the e-Filing portal of the Department: www.incometax.gov.in.