Tax exemption for a notified charitable trust requires exclusive application of income and specified investment, reporting, and dissolution conditions. Notification recognizes Bala Mandir Kamaraj Trust, Chennai as a notified charitable institution under clause (23C)(iv) of section 10 for assessment years 1999-2000 to 2001-2002, conditional on exclusively applying or accumulating income for its objects; restricting investments to forms permitted under Section 11(5) (except certain voluntary contributions); treating business income as excluded unless incidental with separate books; filing returns regularly; and transferring surplus assets on dissolution to a like charitable organization.