Section 10(23C)(iv) exemption covers income received on behalf of an institution, subject to specified compliance and investment conditions. Notification exempts income received by any person on behalf of Tamilnadu Trade Promotion Organisation from inclusion in the recipient's total income for the specified assessment years under Section 10(23C)(iv), provided the Institution applies or duly accumulates income for its objects, limits excess accumulation to five years, confines investments to permitted modes, treats business income as exempt only if incidental and separately accounted, files returns regularly, and on dissolution transfers surplus and assets to a like minded organization.