30 December 2010
DEAR ALL, TDS deducted on the expenditure incurred for storage and handling charges on the containers (plant?)in the logistics company,under which head it should be categoriesed (rent 194i/ contract 194c)? please......
30 December 2010
thank you sir, but u/s 194 [(i) “rent” means any payment, by whatever name called, under any lease, sub-lease, tenancy or any other agreement or arrangement for the use of (either separately or together) any,— (a) land; or (b) building (including factory building); or (c) land appurtenant to a building (including factory building); or (d) machinery; or (e) plant; or (f) equipment; or (g) furniture; or (h) fittings, whether or not any or all of the above are owned by the payee;]