Charitable trust exemption granted, conditional on exclusive application of income, permitted investments, separate business accounts and dissolution transfer. Notification grants charitable trust exemption to Eclof India Public Charitable Trust, Chennai for specified assessment years subject to conditions: apply or accumulate income exclusively for its objects; restrict investments to legally permitted forms; treat business income as exempt only if incidental and separately accounted; file income-tax returns regularly; and, on dissolution, transfer surplus assets to a similar charitable organization.