Tax exemption notification conditions charity status on exclusive application of income and compliance with investment and filing rules. Notification grants conditional income-tax exemption to Friends of Moral Re-Armament (India) for specified assessment years, requiring exclusive application of income to its objects, limiting investments to permitted forms except certain voluntary contributions in kind, excluding business income unless incidental and separately accounted, mandating regular filing of income-tax returns, and providing that on dissolution surplus assets transfer to a charitable organization with similar objectives.