sponsor for private event / gathering
our pet shop sponsors lucky draws gifts for a private cat gathering which do not involve any identifiable benefits in return . Some of the gift are free gifts from bulk purchase while others do incurred input tax during our purchase ( total amount gifts less than RM 500 ) . SO how should i treat this ? my tax code should be Os? please advice . Since this is a private gathering , do i need any supporting document ( letter/ picture ) for this transaction ?