As per the CBDT new Circular that the Form 16 is now two part, one is Part A and another is Part B. The Form 16 Part A is mandatory to download from the Income Tax TRACES Portal, and Form 16 Part B is mandatory to prepare by the employer. 

In the Part A have in the all details of Tax Deduction and deposited to the Central Govt and Part B have in the all details of employee's Salary. Given below the CBDT Circular about this new Form 16 Part A and Part B :-

S.O.410 (E).— In exercise of the powers conferred by section 295 of the Income-tax Act, 1961(43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, The Salary Certificate Form 16 Part A is mandatory to download from the TRACES Portal and also it is mandatory to prepare the Form 16 Part B by the Employer.This Circular has already published on 19/2/2013.  The Format of Form 16 have also changed.

The below given Excel Based Automatic Amended Form 16 Part B, which can easily prepare the Form 16 Part B for the Financial year 2015-16 and Assessment Year 2016-17. This Excel Based Utility can use both of Govt and Non Govt Concerned.


Click  to Download the at a time 50 employees Master of Form 16 Part B for F.Y.2015-16 [ This Excel Utility can prepare at a time 50 employees Form 16 Part B]

Click to Download the at a time 100 employees Master of Form 16 Part A&B for F.Y.2015-16 [ This Excel utility can prepare at a time 100 employees Form 16 Part A&B for A.Y.2016-17]