Tax exemption recognition under section 10(23C)(iv) grants conditional charitable status to a notified trust subject to compliance. Central Government notifies the Church of South India Trust Association, Chennai for recognition under clause (23C)(iv) of section 10 of the Income-tax Act for assessment years 2001-2002 to 2003-2004 subject to conditions: exclusive application or accumulation of income to objects; investment restrictions to forms permitted by Section 11(5) (with limited exceptions); business income only if incidental with separate books; regular filing of returns; and transfer of surplus and assets on dissolution to a charitable organisation with similar objectives.