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<h1>Circular Enhances Tax Arrears Handling for Insolvent Assessees: File Claims Promptly, Record Accurately, and Stay Informed on Insolvency Laws.</h1> The circular addresses issues identified in a report concerning the process of handling tax arrears from insolvent assessees. It outlines steps to improve procedures, such as promptly filing claims with the Official Assignee, recording claims in the Demand & Collection Register, and maintaining thorough records of insolvent assessees. It emphasizes maintaining contact with Official Assignees for recovery updates and conducting investigations before writing off demands. The circular also advises familiarity with relevant insolvency laws to ensure compliance and effective handling of such cases, and it instructs officers to be informed of these procedures.