Downloading the Automatic Income Tax Form 16 Part B for the financial year 2023-24 under both the new and old tax regimes is a straightforward process. Here's how you can do it:
- Step 1: Visit the official website of the Income Tax Department of India. The URL is
https://www.incometaxindia.gov.in.
- Step 2: Look for the 'Forms/Publications' section on the homepage. Click on it.
- Step 3: Now, find the 'Income Tax Forms' option and click on it.
- Step 4: You will be redirected to a new page where all the Income Tax Forms are listed. Scroll down to find 'Form 16 Part B'.
- Step 5: Once you find 'Form 16 Part B', click on the download link provided next to it. Make sure to download the form for the financial year 2023-24.
- Step 6: Fill in the necessary details as required in the form.
Please note that the form will be available for download only after the end of the financial year 2023-24.
Remember to consult with a tax advisor or a certified professional to ensure accuracy while filling in the details, and to decide whether the new or old tax regime is beneficial for you.