Discard option availability tied to ITR status unverified or pending; can be exercised multiple times. The Discard option is available only when the ITR status is 'Unverified' or 'Pending for verification'; it cannot be used after verification. There is no limit on the number of times the option may be exercised while the ITR remains unverified or pending verification; the operative precondition is the ITR status being unverified or pending verification.