As per the New Notification by the CBDT has already changed the Format of Form 16. In this New Format of Form 16 have two Parts, One Part A and another is Part B. The Part A where the all details of Tax deducted and deposited to the Central Govt. and Part B have the details of employee’s Salary data.
The Part A can be download from the new income tax Web Site TRECESS PORTAL ( http://www.tdscpc.gov.in). And Form 16 Pare B is mandatory to prepare by the Employer.
It appears that the most of the employer have not known about this new Format of Form 16 and Mandatory to download Form 16 Part A from the TRACES PORTAL.
It is a problem when who can not able to download the Form 16 Part A, then what they can do and how to possible to shown the details of employee’s Tax deduction as Monthly or Quarterly or Annually ?