Deduction of tax at source: remittances allowed without tax NOC if undertaking and independent accountant certificate are furnished. Section 195 requires deduction of tax at source on payments to non-residents. The Reserve Bank may allow remittances without a No Objection Certificate if the remitter provides an undertaking to the Assessing Officer and an independent accountant's certificate in the prescribed form, certifying the nature and amount of income and tax paid. The RBI will forward copies to the Assessing Officer; the remitter remains liable for any tax shortfall with interest and subject to penalty and prosecution, and must furnish documents for tax determination.