Tax exemption recognition for religious trust enables tax exempt status subject to compliance with income application and investment conditions. Central Government notifies Shri Bamleshwari Mandir Trust Samity, Dongargarh, for tax exemption for assessment years 2000-2001 to 2002-2003, subject to conditions: the trust must apply or accumulate income wholly for its objects; restrict investments to modes permitted by law (except certain voluntary in kind contributions); treat business income as non exempt unless incidental and separately accounted; file returns regularly; and on dissolution transfer surplus assets to a similar charitable organisation.