Tax exemption notification for an educational institute conditioned on exclusive application of income and prescribed compliance requirements. The Central Government notifies the Indian Institute of Public Administration, New Delhi for tax exemption under clause (23C)(iv) of section 10 of the Income tax Act for assessment years 2004-2005 to 2006-2007, subject to conditions: income must be applied or accumulated solely for its objects; investments limited to forms specified in Section 11 sub section (5) except certain retained voluntary contributions; business profits excluded unless incidental with separate accounts; regular filing of income tax returns; and surplus on dissolution to be transferred to a charitable organisation with similar objectives.