Recognition of commodity exchange status granted, enabling specified tax treatment while subject to regulatory conditions and possible withdrawal. Notification confers recognised association status on Universal Commodity Exchange Limited, Mumbai under the proviso to clause (5) of the Income-tax Act, 1961, effective from publication. Recognition is conditional on compliance with Income-tax Rules and may be withdrawn if conditions in rule 6DDC are violated; the notification remains in force only while the exchange's external approval remains effective or until rescission under rule 6DDD.