Tax exemption recognition under section 10(23C)(iv) grants conditional charitable status to a commerce body subject to compliance. Notification grants the Federation of Indian Chambers of Commerce and Industry conditional tax-exempt recognition under clause (23C)(iv) of section 10 for specified assessment years, subject to conditions: apply income wholly to stated objects; limit investments to forms permitted by section 11(5) (except certain tangible voluntary contributions); exclude business profits unless incidental and separately accounted; file income-tax returns regularly; and on dissolution transfer surplus assets to a similar charitable organisation.