Switched Jobs in FY26? Your ITR Has 3 Hidden Traps
If you changed jobs in FY 2025-26, you must combine salary income from ALL employers in your ITR. Missing any income can trigger a tax notice, interest penalty, or delay your refund entirely.
Missing one salary entry in your ITR can cost more than 3 months of chai — in interest alone.
What you risk if you file ITR wrong after switching jobs this year
Key Takeaways
Collect Form 16 Part A and Part B from every employer you worked with in FY 2025-26 — even if you worked there for just 1 month.
Cross-check your total salary figure against Form 26AS and AIS on the income tax portal before submitting your ITR — any mismatch must be resolved first.
Calculate your correct tax liability on combined income from all employers and pay any shortfall as self-assessment tax before filing to avoid interest under Section 234B.
If you changed jobs in FY 2025-26, you must combine salary income from ALL employers in your ITR. Missing any income can trigger a tax notice, interest penalty, or delay your refund entirely.
Here's what happened: Employees who switched jobs in FY 2025-26 will receive separate Form 16s from each employer — both must be reported in AY 2026-27 ITR.. Each employer calculates tax independently, often without knowing your previous salary — this can cause under-deduction of TDS and a surprise tax dues.. AIS and Form 26AS now auto-capture all salary credits; any mismatch with your ITR filing triggers automated scrutiny from the Income Tax Department..
What you should do: Collect Form 16 Part A and Part B from every employer you worked with in FY 2025-26 — even if you worked there for just 1 month.. Cross-check your total salary figure against Form 26AS and AIS on the income tax portal before submitting your ITR — any mismatch must be resolved first.. Calculate your correct tax liability on combined income from all employers and pay any shortfall as self-assessment tax before filing to avoid interest under Section 234B..
Tell your new employer your previous salary at the time of joining — they are legally required to factor it in for TDS. Most employees skip this and end up with a surprise tax bill at filing time.
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- [1]“ITR filing: Switched jobs during FY 2025-26? Follow this checklist to avoid errors” mint - money · 10 Jul 2026
This article is reported by GoCredit's Editorial Team based on the source above. GoCredit synthesises, contextualises, and adds India-borrower-relevant analysis. We are not the original publisher.