Notification under income tax exemption clause imposes conditions for conditional tax-exempt status of Goods Transport Labour Board, Mumbai. The Central Government notifies the Goods Transport Labour Board, Mumbai under the income-tax exemption clause for specified assessment years, subject to conditions: income must be applied or accumulated wholly and exclusively for stated objects; investments of funds are restricted to permitted forms except for certain voluntary contributions; business income is excluded unless incidental and separately accounted; regular filing of income-tax returns is required; and on dissolution surplus assets must transfer to a like charitable organisation.