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Sift together cake flour, baking powder and salt. Set aside.
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With electric mixer, beat egg yolks until slightly thickened; add hot water gradually, beating until mixture is very thick and light (about 10 minutes).
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Add flavoring to egg yolks, then add sugar gradually, beating constantly.
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Fold in flour, about a fourth at a time (I do this by hand) folding until well blended.
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Pour batter into an ungreased 10-inch tube pan.
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Bake at 375°F for 40-50 minutes until done.
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Remove cake from oven and invert pan.
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Let cake stand for an hour until cool.