Certificate U/s 195 of IT Act,1961

This query is : Resolved 

18 May 2009 WHAT ARE THE CONSEQUENCES OF NOT SUBMITTING THE CERTIFICATE U/S 195 AT THE TIME OF PAYMENT?

There is a case where the banker has processed the payment without the certificate. what would be the consequence for the assessee?

18 May 2009 no problems you would lose the rapo wiht the banker



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