Form 16 Part B Generator

Rule 31(1)(a) · Certificate u/s 203 IT Act 1961 / s.396 IT Act 2025 · Salary TDS computation · Old & New Regime · FY 2026-27 (AY 2027-28)

📌 Part A vs Part B: Part A (TDS challan/BSR/deposit details) must be downloaded from TRACES by the employer after filing Form 24Q. This tool generates Part B only — the salary computation annexure.

Employer & Employee Details

Employer Name

Employer TAN

Employer PAN / TAN of deductor

Employer Address

Employee Name

Employee PAN

Period From

Period To

Tax Regime & Category

New Regime (s.115BAC) — Default
Std deduction ₹75,000 · 80CCD(2) only

Old Regime — Opted
Std deduction ₹50,000 · All VI-A deductions

Employee Category

Designation / Employee Code For Form 16 header

Salary Details — Annual (₹)

Salary u/s 17(1) Basic, DA, allowances, bonus, commission

₹

Perquisites u/s 17(2) Rent-free accom, car, ESOP, club memberships

₹

Profits in lieu of Salary u/s 17(3) Compensation on termination, key-man insurance

₹

Allowances exempt u/s 10 (₹) Old Regime only: HRA, LTA, Children Education, etc. Enter 0 for New Regime.

₹

Professional Tax u/s 16(iii) (₹) Old Regime only. Not deductible under New Regime.

₹

Other Income Reported for TDS (₹) — Optional

Income from House Property Loss as negative. New Regime: only let-out property; loss cannot be set-off.

₹

Income from Other Sources Interest income, FD interest etc.

₹

Chapter VI-A Deductions (₹) [Old Regime only, except 80CCD(2)]

80C — LIC/PF/ELSS/PPF etc. Max ₹1,50,000

₹

80CCD(1B) — Employee NPS Max ₹50,000

₹

80CCD(2) — Employer NPS ✅ Both regimes. Max 10% basic (pvt) / 14% basic (govt)

₹

80D — Health Insurance Self ₹25K, parents ₹25K/₹50K (senior)

₹

80E — Education Loan Interest

₹

80G / 80GG / Other deductions

₹

TDS Deducted & Other Tax

TDS Deducted u/s 192 (₹)

₹

Advance Tax Paid (₹) If any direct advance tax paid by employee

₹

Self-Assessment Tax (₹)

₹

About This Tool

The Form 16 Part B Generator creates the salary certificate that employers must issue to employees under Section 203 of the Income Tax Act. Part B contains the detailed salary breakup — basic salary, HRA, allowances, perquisites, deductions under Chapter VI-A (80C, 80D, HRA, etc.) — and the computation of taxable salary and TDS deducted. Employers must issue Form 16 by 15 June of the following financial year.

How to Use

Enter the employee's name, PAN, and designation.
Enter salary components: basic, HRA, special allowance, LTA, bonus, and other allowances.
Enter deductions claimed: 80C investments, 80D premium, HRA exemption, standard deduction, etc.
The tool computes taxable salary, income tax, surcharge, cess, and TDS.
Generate and download Part B in the prescribed format for issuance to the employee.

Frequently Asked Questions

What is the difference between Form 16 Part A and Part B?

Part A is generated from the TRACES portal and shows quarterly TDS figures from Form 24Q. Part B is prepared by the employer showing detailed salary breakup and tax computation. Both together form the complete Form 16 issued annually.

Is Form 16 mandatory even if no TDS is deducted?

Form 16 is mandatory if the employee's income exceeds the basic exemption limit, even if TDS is nil. Employers must issue Form 16 by 15 June every year.

Can an employee file ITR without Form 16?

Yes. ITR can be filed using salary slips, Form 26AS, and AIS/TIS data. However, Form 16 simplifies the process by providing a ready computation of taxable salary and TDS.