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of <h1>Board Urges Strict Enforcement of Provident Fund Verification Rules; Non-Compliant Funds Risk Losing Approval.</h1> The document is an instruction issued by the Board concerning the verification of recognized funds, specifically provident funds. It references previous instructions and emphasizes the need for Commissioners of Income-tax to ensure that recognized funds continue to meet the conditions required for their status. Despite clear guidelines, the Board expresses concern over inadequate enforcement and potential misuse of provisions. The instruction urges strict adherence to the outlined procedures and calls for the withdrawal of approvals for funds that fail to comply with statutory requirements. Acknowledgment of receipt of this instruction is requested.
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