If I am not wrong, following is the process to use a svg icon as the application icon:
1. Have an .svg(or .svg-tiny??) icon
2. Generate .mif using that .svg or .svg-tiny using mifconv.exe tool
3. Place that .mif on corresponding path
4. Done!!

Is that the correct process or did I miss something?

I am asking this because I am trying to use .svg icon but its coming with a white background like I am using a bitmap. Do I have to use .svg or .svg-tiny?

Please suggest.