Income exemption under Section 10(23C)(v) applies to donations for the National Spiritual Assembly if prescribed conditions are met. Income received by any person on behalf of the National Spiritual Assembly of the Bahai's of India shall not be included in such person's total income subject to conditions: exclusive application or limited accumulation of income for institutional objects; permitted modes of investment; business income exempt only if incidental with separate books; regular filing of returns; audit by a qualified accountant with prescribed report; and transfer of surplus on dissolution to a like-object organization.