Tax exemption recognition conditional on exclusive application of income, permitted investments, return filing and dissolution transfer rules. Central Government recognition under clause (23C)(iv) of section 10 is granted to the Institute for Financial Management and Research for assessment years 1999-2000 to 2001-2002, conditional on exclusive application of income to its objects, adherence to permitted investment modes, exclusion of non incidental business receipts unless separately accounted, regular filing of income-tax returns, and transfer of surplus and assets on dissolution to a charitable organization with similar objectives.