Notification under income tax provision: cultural centre granted tax exemption subject to investment, accounting and dissolution conditions. Notification grants tax exemption to the North Zone Cultural Centre, Patiala for the assessment year 1998-99 subject to conditions: exclusive application or accumulation of income for institutional objects; investment of funds only in permitted forms; exclusion of business income unless incidental and separately accounted; regular filing of returns; and transfer of surplus and assets on dissolution to a charitable body with similar objects.