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<h1>T.V.S. Charities, Madurai, notified under Section 10(23C)(v) for tax exemption; must comply with Section 11(5) investment rules.</h1> The Central Government has notified T.V.S. Charities, Madurai, under section 10(23C)(v) of the Income-tax Act, 1961, for the assessment years 1992-93 to 1994-95. The notification mandates that the charity must apply its income exclusively to its established objectives and restricts investment of its funds to specified forms or modes as per section 11(5), excluding certain voluntary contributions. Additionally, any business income must be incidental to the charity's objectives, with separate accounts maintained for such business activities.