How can I claim a refund of excess tax paid on capital gains?

To claim a refund of excess tax paid on capital gains, you need to accurately report the capital gains and claim applicable exemptions or deductions in your income tax return. If the tax paid on capital gains exceeds the actual tax liability, the excess amount will be refunded after processing the return. It’s crucial to maintain proper documentation, such as purchase and sale records, to support the capital gains computation. The refund process is generally automated, but you can check the status on the income tax e-filing website.