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Furnishing and upload of Form No. 34BB to exercise option under sub-section (1) 01 section 245M – 2 step procedure:   Step 1: Provide basic details for assessees intending to exercise option under sub-section (1) of section 245M i. 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:   PAN, Name of the assessee, AY, Date of filing application, Application No, Bench of settlement commission, PCIT, Email ID. In case there are more than one assessment year for which the application for settlement u/s 245C is made, the assessee shall provide only the 1" year under AY column in above table. In case of block assessment, the assessment year to be provided shall be the 1" year of the block. The details shall be provided by 15-June-2021. Based on these details, a system generated letter shall be generated through ITBA System to the assessee on his e-filing account requiring the assessee to upload signed printout of Form No. 34BB. The assessee should be a registered user on the E-filing Portal of the Department to proceed further.