Notification of tax exemption under section 10(23) with conditions on income application, investment forms, and distribution restrictions. Notification recognizes Kodaikanal Boat and Rowing Club under clause (23) of section 10 as eligible for exemption for specified assessment years, conditioned on exclusive application or permitted accumulation of income to its objects per Sections 11(2) and 11(3) as modified by clause (23); restriction of investments to forms in Section 11(5) except certain voluntary contributions maintained in specified articles; prohibition on distribution of income to members except as grants to affiliated bodies; and exclusion of business income from the notification unless incidental to objectives and maintained in separate books.