Payment of income and deduction of tax.

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..... nse account or by any other name; or (d) by any other mode as may be prescribed, whichever is earlier. (2) If the payment is wholly or partly in kind, the deductor shall ensure that the tax deductible in respect of such payment has been paid before making the payment. (3) The deductor may, at the time of making any deduction of tax from the payment liable to be taxed under the head "Income from em .....

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..... r arrears or advance receipts under section 206. (5) If the tax payable on any payment is to be borne by the deductor in pursuance of an agreement or arrangement, then, for the purposes of deduction of tax, the payment shall be grossed up to such amount as would, after deduction of tax thereon at the rate referred to in sub-section (1) of section 195, be equal to the net amount payable under such .....

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