Tax exemption recognition under section 10(23C)(vi) granted subject to exclusive charitable application, investment limits, and compliance. Recognition grants the foundation tax exemption for assessment years 1999-2000 to 2001-2002 provided it applies or accumulates income exclusively for its objects, confines investments and deposits to authorised forms (with voluntary contributions in jewellery or furniture excepted), treats business income as incidental only if separate books are kept, files returns regularly, and on dissolution transfers surplus and assets to a like charitable organisation.