Income-tax exemption recognition granted to charitable trust, subject to exclusive application of income and compliance conditions. The Central Government notifies the Waharona Rana Pratap Smarak Samiti for income-tax exemption subject to conditions: income must be applied or accumulated exclusively to the assessee's objects; investments and deposits are limited to authorised forms (except certain voluntary contributions in kind); business income is excluded unless incidental with separate accounts; the assessee must regularly file income-tax returns; and on dissolution surplus assets must transfer to a similarly purposed charitable organisation.