You can refer the Board Circular No.715 dated 8-8-1995 which clarify deduction of the tax and section 194C of the IT Act is applicable any mode of transport is chartered by one of the entities mentioned in section 194C of the IT Act and work in section 194C of the IT Act continuously remain in the statute book and such interpretation of the provision would not controvert or the general provisions contained in the section. ,therefore, if the assessee paid the rent for hiring out any assets then he has to deduct tax at sources u/s 194-I of the Act.