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?
There is a case where the banker has processed the payment without the certificate. what would be the consequence for the assessee?
jegannath G
(Expert)
18 May 2009
no problems you would lose the rapo wiht the banker
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