{"id":788,"date":"2023-10-10T04:56:22","date_gmt":"2023-10-10T04:56:22","guid":{"rendered":"https:\/\/etcs.in\/?p=788"},"modified":"2023-11-07T06:18:48","modified_gmt":"2023-11-07T06:18:48","slug":"sample-notification-2-amendment-to-section-44ad-for-presumptive-taxation-scheme-notification-no-80-2023-income-tax-date-21-09-2023","status":"publish","type":"post","link":"https:\/\/etcs.in\/index.php\/2023\/10\/10\/sample-notification-2-amendment-to-section-44ad-for-presumptive-taxation-scheme-notification-no-80-2023-income-tax-date-21-09-2023\/","title":{"rendered":"Sample Notification 2: Amendment to Section 44AD for Presumptive Taxation Scheme (Notification No. 80\/2023-Income Tax, Date: 21\/09\/2023)"},"content":{"rendered":"\n<p>The Central Board of Direct Taxes (CBDT) has introduced amendments to Section 44AD of the Income Tax Act in a notification (No. 80\/2023-Income Tax) dated September 21, 2023. Section 44AD pertains to the Presumptive Taxation Scheme for small businesses and professionals.<\/p>\n\n\n\n<p>The amendments bring changes to the eligibility criteria and tax rates under the scheme. These changes are aimed at simplifying tax compliance for eligible taxpayers and encouraging them to participate in the scheme.<\/p>\n\n\n\n<p>Taxpayers who fall under the purview of Section 44AD are advised to review these amendments carefully and assess how they may impact their tax liabilities for the current financial year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Central Board of Direct Taxes (CBDT) has introduced amendments to Section 44AD of the Income Tax Act in a notification (No. 80\/2023-Income Tax) dated September 21, 2023. Section 44AD pertains to the Presumptive Taxation Scheme for small businesses and professionals. The amendments bring changes to the eligibility criteria and tax rates under the scheme. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_themeisle_gutenberg_block_has_review":false,"footnotes":""},"categories":[3],"tags":[],"_links":{"self":[{"href":"https:\/\/etcs.in\/index.php\/wp-json\/wp\/v2\/posts\/788"}],"collection":[{"href":"https:\/\/etcs.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/etcs.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/etcs.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/etcs.in\/index.php\/wp-json\/wp\/v2\/comments?post=788"}],"version-history":[{"count":1,"href":"https:\/\/etcs.in\/index.php\/wp-json\/wp\/v2\/posts\/788\/revisions"}],"predecessor-version":[{"id":789,"href":"https:\/\/etcs.in\/index.php\/wp-json\/wp\/v2\/posts\/788\/revisions\/789"}],"wp:attachment":[{"href":"https:\/\/etcs.in\/index.php\/wp-json\/wp\/v2\/media?parent=788"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/etcs.in\/index.php\/wp-json\/wp\/v2\/categories?post=788"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/etcs.in\/index.php\/wp-json\/wp\/v2\/tags?post=788"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}