Section 206C(1D)

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whether "sale in cash of any goods" includes sale of plot, for the purpose of TCS @ 1% ?
Replies (5)

yes applicable on one bill 

but 206C(1D) covers goods and services only,
Is 'plot' being immovable property gets covers under the same?
Is there any definition of 'Goods' under Income Tax act?
The following are considered for collecting tax at source TCS:

1. Liquor of alcoholic nature, made for consumption by humans
2. Timber wood when collected from a forest that has been leased
3. Tendu Leaves
4. Timber wood when not collected from a forest that has been leased, but any other mode
5. A forest produce other than tendu leaves and timber
6. Scrap
7. Toll Plaza, Parking lot ticket, Quarrying and Mining
8. Minerals that include lignite or coal or iron ore
9. Bullion that exceeds over Rs. 2 lakhs/ Jewelry that exceeds over Rs. 5 lakhs
Can we interpreat here that, Cash transaction in respect of "Immovable Property" gets covered under Section 269SS, whereas newly added Section 206(1D) applies only for "Movable Goods"
206C(1D) is for gold and bullion

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