If you have miscalculated income tax and paid in excess or have an excess tax deducted at source (TDS), worry not. You can get a refund of the excess amount by claiming a refund at the time of filing of income tax returns. The income tax department will verify your returns and process a refund. However, this refund will only be transferred electronically to your bank account that is linked with your PAN, effective from 1 March 2019.