Revenue’s appeal dismissed by ITAT without considering notional tax effect held erroneous by HC

IT: Where Tribunal dismissed revenue's appeal holding it as not maintainable on ground that in either case assessee had suffered loss and in that view of matter, CBDT's circulars providing monetary limit for filing further appeal would render revenue's appeal not competent, impugned order of Tribunal was to be set aside and, matter was to be remanded back for consideration on merits