Answer

1. F

   Facts

   The department has run campaigns asking taxpayers to review deduction claims that do not match its data, such as donations to unrecognised bodies. If a claim was wrong, withdrawing it through a revised or updated return reduces the risk of penalty.

2. P

   Provisions and law

   • Sec 270A, Income-tax Act 1961 (now Sec 439, Income-tax Act 2025)Penalty for under-reporting or misreporting income.
   • Sec 139(5), Income-tax Act 1961 (now Sec 263(5), Income-tax Act 2025)Revised return to correct a wrong statement.
   • Sec 139(8A), Income-tax Act 1961 (now Sec 263(6), Income-tax Act 2025)Updated return within 48 months from the end of the assessment year, with additional tax.
3. A

   Analysis

   Check each deduction against real receipts and payment proof. If a claim is genuine, keep the receipt and bank proof ready. If it was claimed without a real payment, withdraw it by revising or updating the return and pay the tax. Misreporting can attract a penalty of 200% of the tax, so a voluntary fix is far cheaper.

4. C

   Conclusion

   1. 1List every deduction claimed and match it to proof.
   2. 2Keep genuine claims and their documents ready.
   3. 3Withdraw wrong claims through a revised or updated return.
   4. 4Respond to the campaign after the fix.

Do not rely on agents who promise refunds through deductions you did not pay for.

General guidance from TaxSavvy’s library of money processes. Laws change; your Savvy confirms the answer on your exact case before anything is filed.