No penalty on cash receipt of 2 lakh or more by hospital providing COVID-19 treatment: CBDT

The CBDT has exempted Hospitals, Dispensaries, Nursing Homes, Covid Care Centres or similar other medical facilities providing Covid treatment to patients from Section 269ST penalty.

These entities can receive payment in cash of Rs. 2 lakh or more during 01.04.2021 to 31.05.2021, on obtaining the PAN or AADHAAR of the patient and the payee and the relationship between the patient and the payee.