E campaign for high value transaction

This discussion addresses an individual's concern after receiving an e-campaign notice regarding a high-value transaction, specifically a life insurance maturity gain. Initially believed to be tax-free, it was later discovered that not all life insurance gains are exempt from tax. The user has confirmed the information with the tax authorities and is seeking advice on whether to file an updated return or wait, especially since TDS was deducted. The consensus is to file an updated return under Section 139(8A) to avoid potential notices under Section 148A.