Section 180 — Return of income in respect of block assessment under section 294(1)

(1) The return of income required to be furnished by any person under section 294(1)(a), relating to any search initiated under section 247 or requisitionmade under section 248 shall be in the Form ITR-BN and be verified in the manner indicated therein.
(2) ITR-BN shall be furnished by a person, mentioned in column 2 of the following Table in the manner specified in column 3 thereof:
TABLE
Sl. No. Person Manner of furnishing return of income
(1) (2) (3)
1. Company Electronically under digital signature.
2. Any person other than a company(A) Electronically under digital signature; or(B) transmitting the data electronically in the return under electronic verification code.
(3) For the purposes of sub-rule (2), "electronic verification code" shall have the meaning assigned to it in rule 165.
(4) In a case where claim of credit of the tax payments is made against undisclosed income of the block period other than by way of self-assessment tax for theblock period, claim of such credits and the allowability thereof shall be subject to the verification by and satisfaction of, the Assessing Officer.
(5) The Principal Director-General of Income-tax (Systems) or Director-General of Income-tax (Systems) shall specify the procedures, formats and standardsfor ensuring secure capture and transmission of data and shall also be responsible for evolving and implementing appropriate security, archival and retrievalpolicies in relation to furnishing the return in the manners specified in column 3 of the Table in sub-rule (2).