Are there any threshold limit of bookkeeping for Real Estate Agents and Managers–Rentals?
Bookkeeping for Real Estate Yes, there is a threshold limit of bookkeeping for real estate agents and managers-rentals in India. As per the Income Tax Act, 1961, all businesses with a turnover of more than INR 20 lakhs are required to maintain regular books of accounts and records. This includes real estate agents and… Read More »