Tax exemption notification grants conditional recognition to an educational institute under income tax law for specified assessment years. Notification recognizes the Institute of Marketing & Management, New Delhi for income tax exemption under clause (23C)(iv) of section 10 for specified assessment years, conditional on applying income wholly to its objects; restricting investments to modes permitted under the law (excluding certain voluntary contributions held as jewellery or furniture); excluding business profits except where incidental and separately accounted; regular filing of income-tax returns; and transfer of surplus assets on dissolution to a charitable organisation with similar objectives.