Tax exemption under clause (23C)(iv) granted subject to exclusive application of income, permitted investments, reporting and dissolution conditions. Notification designates the Federation of Indian Export Organization as eligible under clause (23C)(iv) of section 10 of the Income-tax Act for assessment years 2001-02 to 2003-04, subject to conditions: apply or accumulate income exclusively to its objects; restrict investments to modes permitted by section 11(5) (except certain voluntary contributions held as jewellery or furniture); exclude business income unless incidental with separate books; file returns regularly; and on dissolution transfer surplus and assets to a similar charitable organization.