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 Income Tax Issues v2

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bounty_hunt3r
post Dec 17 2013, 07:20 PM

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Hi,

I am registered SSM sole proprietor, I am providing IT service and selling ebooks, etc and everything I have done are using online transaction only(local bank internet transfer, Paypal) Every purchases are going through online only, without any receipt except screenshot.

How do I get the receipt or invoice of suppliers or something for income taxes? Anyone knows?

Can I just use paypal screenshot for that?

Please help me, thanks
bounty_hunt3r
post Dec 18 2013, 12:28 PM

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QUOTE(larrytty @ Dec 18 2013, 10:38 AM)
how do they bill you?
if invoice then u should keep them
if email then u can print them out

payments u can show with your monthly bank statement
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Hi,

Thanks for the reply for helping me smile.gif

no invoice because they are not the 'real' supplier with registered company or something like that so i can't get invoice or receipt and everything is done via online transaction only.

oh, I have order it via a website, then using paypal to pay them.

Which one should I print out? His website order page, or my paypal transaction?

Thanks a lot rclxms.gif
bounty_hunt3r
post Dec 18 2013, 03:46 PM

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QUOTE(larrytty @ Dec 18 2013, 03:02 PM)
if u have a receipt its the best
if not the transaction would be good enough
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So my paypal transaction will good enough? Print my buying transaction on paypal will do, right?

What about Maybank2u? It didn't write clearly about the name of the product.

Thanks a lot biggrin.gif

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