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<h1>Tax exemption under Section 10(23C)(v): Shri Saibaba Sansthan must apply income, limit investments, maintain separate books.</h1> Notification under Section 10(23C)(v) confers tax-exempt status on Shri Saibaba Sansthan for assessment years 1999-2000 to 2001-2002 subject to conditions: (i) income must be applied or accumulated wholly and exclusively for the institution's objects; (ii) funds must be invested only in modes specified in section 11(5) except voluntary contributions preserved as specified; and (iii) exemption does not cover business income unless incidental to objectives and maintained in separate books.