Salary – Multiple Employers / Job Change

Description

Collection and review of all Form-16s from each employer for the financial year.
Consolidation of salary income from multiple employers into a single taxable income computation.
Review of TDS deducted by each employer and verification against Form 26AS / AIS.
Identification and adjustment of any short-deduction or excess TDS by either employer.
Review of bank interest, FD interest and other income sources.
Computation of taxable income after applicable deductions under old or new tax regime.
Preparation of appropriate ITR form (ITR-1 or ITR-2 based on income level).
Calculation of final tax liability or refund due.
Filing of income-tax return on income-tax portal using authorised credentials.
Sharing of return acknowledgement after successful submission.
Basic guidance on regime selection and future TDS declaration to new employer.