Recordkeeping obligations: maintain proof for each income source and required Income tax Act records to support claims. Taxpayers must maintain proof of earnings for every income source and keep records prescribed under the Income tax Act; if no specific documents are ... Summary
Recordkeeping obligations: maintain proof for each income source and required Income tax Act records to support claims.
Taxpayers must maintain proof of earnings for every income source and keep records prescribed under the Income tax Act; if no specific documents are prescribed, they must retain reasonable supporting records sufficient to substantiate claimed income.
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