Tax exemption for charitable trust requires exclusive application of income and compliance with investment, business, and filing conditions. Notification designates the ECLOF-India Public Charitable Trust as eligible under clause (v) of clause (23C) of section 10 for the stated assessment years, subject to conditions: exclusive application or accumulation of income to trust objects; investment and deposit restrictions to permitted forms (excluding certain voluntary contributions held as jewellery, furniture, etc.); inapplicability to business income unless incidental and separately accounted; and regular filing of income-tax returns in accordance with the Act.