Tax exemption under section 10(23C)(iv) granted subject to application, investment, business and reporting conditions. Notification designates the Kerala Handloom Workers' Welfare Fund Board as eligible for tax exemption under clause (23C)(iv) of section 10, subject to conditions: apply or accumulate income wholly for stated objects; restrict investments to modes permitted by the Act (except voluntary contributions retained as jewellery or furniture); business income excluded unless incidental and separately accounted; regular filing of income-tax returns; and on dissolution transfer surplus and assets to a charitable organization with similar objectives.