No 269ST Violation Where Each Medical Bill Is Below ₹2 Lakh: ITAT Lucknow

ACIT Vs KNS Memorial (ITAT Lucknow) The appeal before the Income Tax Appellate Tribunal (ITAT), Lucknow, was filed by the Revenue against the order of the Commissioner of Income Tax (Appeals) [CIT(A)], who had deleted a penalty of ₹1,43,01,202 levied under Section 271DA for alleged violation of Section 269ST of the Income Tax Act, 1961 for Assessment Year 2018–19. The assessee, a company running a nursing home, was subjected to inspection by the Directorate of Intelligence and Criminal Investigation on 09.03.2018 to verify compliance with reporting provisions. During inspection, it was obs...