Tax exemption notification requires restricted investment, exclusive application of income, non-distribution, and separate books for business. The Central Government notifies Madhya Pradesh Cricket Association, Indore as eligible for tax-exempt status for specified assessment years provided it applies or accumulates income solely for its objects under the applicable accumulation rules, limits investments and deposits to prescribed forms and modes (excluding certain tangible voluntary contributions), refrains from distributing income to members except by grants to affiliated bodies, and excludes business profits from the notification unless such business is incidental and maintained in separate books of account.