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of <h1>Tax Petition Dismissed for Amount Below Rs. 2 Crores as per Circular 17/2019; Legal Questions Remain Open</h1> <h3>THE PRINCIPAL COMMISSIONER OF INCOME TAX-2 Versus GUJARAT LEASE FINANCING LTD.</h3> THE PRINCIPAL COMMISSIONER OF INCOME TAX-2 Versus GUJARAT LEASE FINANCING LTD. - TMI The Supreme Court dismissed the special leave petition due to the low amount of tax involved, which was less than Rs.2 crores as per Circular no. 17/2019. The question(s) of law remains open, and pending applications are disposed of.
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