15 June 2011
CBDT Circular 718, explaining the specific question of TDS on warehousing charges, states that the term `rent', as defined in Explanation (i) below Section 194-I, means any payment by whatever name called, under any lease, sub-lease, tenancy or any other agreement or arrangement for the use of any building or land. Therefore, warehousing charges will be subject to deduction of tax under Section 194-I.