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of <h1>CBDT Circular Stresses Strict Adherence to Procedures for Income-Tax Verification/Clearance Certificates; Oversight by Inspecting Assistant Commissioners.</h1> The circular from the Central Board of Direct Taxes (CBDT), dated July 8, 1975, emphasizes adherence to procedures for issuing Income-tax Verification/Clearance Certificates as outlined in the Office Manual. It highlights that applications should be filed appropriately and assessed to ensure income from import licenses or contracts is reported in tax returns. The Board has observed lapses in following these procedures and stresses that Income-tax Officers and their staff must comply strictly. Inspecting Assistant Commissioners are tasked with overseeing this process and taking corrective measures against any non-compliance by officials.
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