Members of the assessee-association owned and operated vessels, entering into contracts for transport of goods through charter parties. AO directed that such payments be treated as rent and TDS deducted under S.194-I. On writ Following earlier High Court  ruling, Indian National Ship Owners’ Association v. CIT [Chamber Summons No. 183 of 2007, dated 29-6-2007,  it was held that freight payments under charter parties fall under S.194C, not S.194-I. (AY. 2007-08 to 2010-11)