136. Exercise or withdrawal of option for new tax regime.—

 

The option to be exercised or withdrawn under the provisions specified in column B of the following Table, by a person specified in column C thereof, for any tax year shall be in the return of income to be furnished under section 263(1) for such tax year:

 

Table

 

Sl. No.

Section

Person

A

B

C

1

199(3)

Manufacturing domestic company.

2

200(5)

Domestic company.

3

201(2)

New manufacturing domestic company.

4

202(4)

Individual or Hindu undivided family, or an association of persons (other than a co- operative society) or a body of individuals, whether incorporated or not, or an artificial juridical person.

5

203(5)

Resident co-operative society.

6

204(2)

New manufacturing co-operative society.