Discontinuance of Fidelity Insurance bonds by TROs/ITIs.

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.... Dated: August 28, 1989 Reference is invited to boards instruction No.315 dated 26-7-71 wherein board had clarified the mode of dealing with cash whenever TRO's/ITI's received payment of taxes....

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.... required to execute similar bonds even though they deal with cash and other valuables. Considering all these aspects it has been decided to dispense with the need for furnishing of fidelity bonds by ....