Tax exemption notification for a charitable institution requires exclusive application of income and specified compliance conditions. Central Government notifies Sri Guruvayoorappan Asthika Samajam, Chennai as eligible under the income tax provision for charitable institutions for specified assessment years, subject to conditions: apply or accumulate income wholly and exclusively for its objects; restrict investments and deposits to permitted modes (except certain voluntary contributions held as jewellery, furniture, etc.); exclude business income unless incidental and separately accounted; file regular income tax returns; and on dissolution transfer surplus assets to a charitable organisation with similar objectives.