Notification under section 10(23C)(v) grants charitable recognition subject to application, investment, business and filing conditions. Notification under section 10(23C)(v) notifies Sri Nanak Jhira Saheb Foundation, Bidar, Karnataka as eligible for the sub-clause for assessment years 1993-94 to 1995-96, subject to conditions: apply or accumulate income wholly for objects; restrict investments to forms permitted by section 11(5) (except certain voluntary contributions in jewellery, furniture etc.); exclude business income unless incidental and maintained in separate books; and regularly file income-tax returns as required by the Act.