diff --git a/fastapi/dependencies/utils.py b/fastapi/dependencies/utils.py
index 3b978297c..83147f15f 100644
--- a/fastapi/dependencies/utils.py
+++ b/fastapi/dependencies/utils.py
@@ -1,4 +1,6 @@
 import inspect
+import sys
+import typing
 from contextlib import AsyncExitStack, contextmanager
 from copy import copy, deepcopy
 from dataclasses import dataclass
@@ -19,6 +21,7 @@ from typing import (
 )
 
 import anyio
+import typing_extensions
 from fastapi import params
 from fastapi._compat import (
     PYDANTIC_V2,
@@ -71,13 +74,12 @@ from starlette.datastructures import (
 from starlette.requests import HTTPConnection, Request
 from starlette.responses import Response
 from starlette.websockets import WebSocket
-from typing_extensions import Annotated, get_args, get_origin
+from typing_extensions import Annotated, TypeAliasType, TypeGuard, get_args, get_origin
 
 try:
-    from typing_extensions import TypeAliasType
+    from types import GenericAlias
 except ImportError:  # pragma: no cover
-    TypeAliasType = None  # type: ignore[misc,assignment]
-
+    GenericAlias = None  # type: ignore[misc,assignment]
 
 multipart_not_installed_error = (
     'Form data requires "python-multipart" to be installed. \n'
@@ -362,7 +364,7 @@ def analyze_param(
     depends = None
     type_annotation: Any = Any
     use_annotation: Any = Any
-    if TypeAliasType is not None and isinstance(annotation, TypeAliasType):
+    if _is_typealiastype(annotation):
         # unpack in case py3.12 type syntax is used
         annotation = annotation.__value__
     if annotation is not inspect.Signature.empty:
@@ -1008,3 +1010,26 @@ def get_body_field(
         field_info=BodyFieldInfo(**BodyFieldInfo_kwargs),
     )
     return final_field
+
+
+def _is_typealiastype(tp: Any, /) -> TypeGuard[TypeAliasType]:
+    in_typing = hasattr(typing, "TypeAliasType")
+    in_typing_extensions = hasattr(typing_extensions, "TypeAliasType")
+    is_typealiastype = False
+    if in_typing and in_typing_extensions:
+        if getattr(typing, "TypeAliasType", None) is getattr(
+            typing_extensions, "TypeAliasType", None
+        ):  # pragma: no cover
+            is_typealiastype = isinstance(tp, typing.TypeAliasType)  # type: ignore [attr-defined]
+        else:
+            is_typealiastype = isinstance(
+                tp,
+                (typing.TypeAliasType, typing_extensions.TypeAliasType),  # type: ignore [attr-defined]
+            )
+    elif in_typing and not in_typing_extensions:  # pragma: no cover
+        is_typealiastype = isinstance(tp, typing.TypeAliasType)  # type: ignore [attr-defined]
+    elif not in_typing and in_typing_extensions:
+        is_typealiastype = isinstance(tp, typing_extensions.TypeAliasType)
+    if sys.version_info[:2] == (3, 10):
+        return type(tp) is not GenericAlias and is_typealiastype
+    return is_typealiastype
diff --git a/pyproject.toml b/pyproject.toml
index 28e7f6805..7709451ff 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -199,7 +199,6 @@ dynamic_context = "test_function"
 omit = [
     "docs_src/response_model/tutorial003_04.py",
     "docs_src/response_model/tutorial003_04_py310.py",
-    "tests/test_dependency_pep695_py312.py"  # syntax error for version < py312
 ]
 
 [tool.coverage.report]
diff --git a/tests/conftest.py b/tests/conftest.py
deleted file mode 100644
index 521e9f0f7..000000000
--- a/tests/conftest.py
+++ /dev/null
@@ -1,4 +0,0 @@
-import sys
-
-if sys.version_info < (3, 12):
-    collect_ignore_glob = ["*_py312.py"]
diff --git a/tests/test_dependency_pep695_py312.py b/tests/test_dependency_pep695.py
similarity index 75%
rename from tests/test_dependency_pep695_py312.py
rename to tests/test_dependency_pep695.py
index 378c9d3ee..a60c1e5e6 100644
--- a/tests/test_dependency_pep695_py312.py
+++ b/tests/test_dependency_pep695.py
@@ -1,21 +1,19 @@
 from __future__ import annotations
 
-from typing import Annotated
-
 from fastapi import Depends, FastAPI
 from fastapi.testclient import TestClient
-
-from .utils import needs_py312
+from typing_extensions import Annotated, TypeAliasType
 
 
 async def some_value() -> int:
     return 123
 
 
-type DependedValue = Annotated[int, Depends(some_value)]
+DependedValue = TypeAliasType(
+    "DependedValue", Annotated[int, Depends(some_value)], type_params=()
+)
 
 
-@needs_py312
 def test_pep695_type_dependencies():
     app = FastAPI()
 
diff --git a/tests/utils.py b/tests/utils.py
index 51d8fabfd..ae9543e3b 100644
--- a/tests/utils.py
+++ b/tests/utils.py
@@ -8,9 +8,6 @@ needs_py39 = pytest.mark.skipif(sys.version_info < (3, 9), reason="requires pyth
 needs_py310 = pytest.mark.skipif(
     sys.version_info < (3, 10), reason="requires python3.10+"
 )
-needs_py312 = pytest.mark.skipif(
-    sys.version_info < (3, 12), reason="requires python3.12+"
-)
 needs_pydanticv2 = pytest.mark.skipif(not PYDANTIC_V2, reason="requires Pydantic v2")
 needs_pydanticv1 = pytest.mark.skipif(PYDANTIC_V2, reason="requires Pydantic v1")