Intranodal palisaded myofibroblastoma (IPM), also known as “intranodal hemorrhagic spindle cell tumor with amianthoid fibres”, is a rare and benign primary mesenchymal neoplasm of the lymph node with myofibroblastic/smooth muscle cell differentiation. Cytological findings of IPM are rarely described in literature. We herein describe the characteristic cytological findings of IPM in the inguinal lymph node of a 55 years old male with a high suspicion of a malignant tumour, highlighting cytomorphological clues for its accurate identification along with brief review of literature.