Tax exemption notification for labour board subject to income-application, investment limits, separate business accounts, and dissolution rules. Central Government notified Bombay Iron & Steel Labour Board as eligible under the specified clause of section 10 for assessment years 2002-2005 subject to conditions: apply or accumulate income exclusively for established objects; restrict investments to prescribed forms (excluding certain tangible voluntary contributions); exclude business income benefits unless incidental and maintained in separate books; file income-tax returns regularly; and transfer surplus and assets on dissolution to a similar charitable organisation.