I'm at a clue possibly containing bit of misdirection? It's flawless (10)
I believe the answer is:
immaculate
'flawless' is the definition.
(thesaurus)
'i'm at a clue possibly containing bit of misdirection?' is the wordplay.
'possibly' indicates an anagram.
'containing' is an insertion indicator.
'bit of' indicates taking the first letters.
The first letter of 'misdirection' is 'm'.
'im'+'at'+'a'+'clue'='imataclue'
'imataclue' with letters rearranged gives 'imaculate'.
'imaculate' enclosing 'm' is 'IMMACULATE'.
'it's' is the link.
(Other definitions for immaculate that I've seen before include "Spotless" , "Perfect" , "Free from flaws" , "Dogma that the unborn Virgin Mary was preserved from all original sin" , "conception of a particular religion?" .)