Charitable receipt exemption prevents recipients including income received on behalf of a research institution if conditions are met. Notification exempts income received by any person on behalf of the National Council of Applied Economic Research from inclusion in that person's total income for the specified assessment years, provided the Institution applies or accumulates income solely for its objects with limited accumulation, confines investments to permitted modes, treats business receipts as incidental only if separate books are kept, files returns regularly, and transfers surplus assets on dissolution to a similar organization.