Tax notification under section 10(23C)(iv): exemption for Maharashtra Energy Development Agency subject to specified compliance conditions. Central Government notified the Maharashtra Energy Development Agency, Mumbai under section 10(23C)(iv) for assessment years 2004 2005 to 2006 2007, subject to conditions: exclusive application or accumulation of income to its objects; permitted forms of investment or deposit; exclusion of business income unless incidental with separate books; regular filing of income-tax returns; and transfer of surplus and assets to a like charitable organisation on dissolution.