The amount of tax paid by the taxpayer and deducted by the employer in excess of actual tax liability is called Income-tax Refund. This excess payment is refunded by the Income-tax Department after processing of Income-tax Return.
The refund is issued through an online transfer to a bank account, which was given at the time of filing Income tax returns.
Send us an e-mail at support@myitreturn.com if you have any further questions related to filing
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