Tax exemption under Section 10(23C)(iv) granted to institute, subject to income-application, investment and reporting conditions. Notification under Section 10(23C)(iv) declares the Institute for Financial Management and Research, Chennai eligible for tax-exempt status for assessment years 2002-2003 to 2004-2005, conditional on applying income wholly to its objects, restricting investments to modes permitted for charitable funds, treating business income as excluded unless incidental with separate books, regular return filing, and transferring surplus/assets on dissolution to a similar charitable organisation.