Assessee-company is  merged with other company with effect from 1-10-2009. PCIT passed the revision order on the ground that  (i) during assessment year 2008-09 assessee made payments to non-residents without deduction of tax at source and Assessing Officer had not examined/verified said issue, and (ii) assessee also earned exempt income under section 10(38) and issue relating to exempt income had not been examined by Assessing Officer and directed  the AO to reframe assessment afresh. Tribunal held that   since order had been issued by PCIT  clarifying entire status of assessee-company and factor of amlagamation, argument of assessee on maintainability of order impugned was devoid of any merit. Tribunal also held that  since duty to examine aforesaid issues though cast upon Assessing Officer had not performed by him, order passed by PCIT setting aside order passed by Assessing Officer upon considering it erroneous insofar as prejudicial to interest of revenue is  just and proper. (AY. 2008-09)