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Tds rate in cold chain warehouse

This query is : Resolved 

05 April 2018 I have Demarcated space in cold chain warehouse. In which section I should deduct TDS and at what rate.

05 April 2018 as TDS on rent paid at 10%

05 April 2018 Yes.... TDS applicable based on Rent. Rate @ 10%...

06 April 2018 Cold storage is preserving perishable goods by mechanical process, and storage of such goods is only incidental in nature. The customer has no right to use any
demarcated space/place or the machinery of the cold store and thus does not
become a tenant. Therefore, the provision of 194-I is not applicable to the
charges paid by the customers of the cold storage.
Since the arrangement between the customers and cold storage owners are
basically contractual in nature, the provision of section 194-C will be applicable
to the amounts paid by the customers to the cold storage.


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