Charitable Trust may be registered under 12A and 80G of the I T Act but unless specifically exempted for TDS, yearly based on application made, TDS provisions applicable to the trust even trust income is exempted.TDS provisions applicable to the trust when it makes payment to others. Chegi Reddy Pothi Reddy. (Querist).
Petroleum is found in many places around the world: the largest reserves, however, are located in Saudi Arabia, Venezuela, Canada, Iran and Iraq. Petroleum reserves may span vast areas of land. They are found on land and at sea, and some locations have a wealth of reserves in one central spot, which are called petroleum plays. Continue Reading.
Because fossil fuels form from the remains of plants and animals, all fossil fuels contain carbon, too. Most of the carbon in fossil fuels exists as hydrocarbons, which are hydrogen-carbon compounds. Fossil fuels may exist as liquids, gases, or solids.Liquid Fossil Fuels: Petroleum A liquid mixture of complex hydrocarbon compounds is called petroleum.oal is a fossil fuel that forms underground from partially decomposed plant material. Coal was once the major source of energy in the United States. When fossil fuels, including coal, are burned, most of the energy released is heat.