Payment of income and deduction of tax.

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..... redit to any account, whether called suspense 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 fr .....

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..... r employer during the year and any tax deducted therefrom; (ii) tax relief for 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 ref .....

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