Artist holds bible in court in Ascot? (6)
I believe the answer is:
cravat
'ascot?' is the definition.
(ascot is a kind of cravat)
'artist holds bible in court' is the wordplay.
'artist' becomes 'ra' (Royal Academician, member of Royal Academy of Arts).
'holds' is an insertion indicator.
'bible' becomes 'av'.
'in' indicates putting letters inside.
'court' becomes 'ct'.
'ra' going around 'av' is 'rava'.
'rava' inserted into 'ct' is 'CRAVAT'.
'in' acts as a link.
(Other definitions for cravat that I've seen before include "Neckerchief" , "N eckwear" , "Item of neckwear" , "Old-fashioned flowing tie (6)." , "Male neckwear" .)