Tax exemption notification: society recognised under clause 23C(v) subject to application, investment, accounting and dissolution conditions. The Central Government notifies the Society of the Franciscan Servants of Mary for recognition under clause (23C)(v) of section 10 of the Income-tax Act for assessment years 1995-96 to 1997-98, subject to conditions: apply income wholly to charitable objects; restrict investments to forms specified in Section 11(5) (except certain retained voluntary contributions); exclude business income unless incidental with separate books; file returns regularly; and on dissolution transfer surplus and assets to a similarly purposed charitable organisation.