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.
Petroleum products include transportation fuels, fuel oils for heating and electricity generation, asphalt and road oil, and the feedstocks used to make chemicals, plastics, and synthetic materials found in nearly everything we use today.bout 76% of the 6.97 billion barrels of petroleum products that were consumed in the United States in 2014 were gasoline (47% of total petroleum consumption; includes biofuels), heating oil and diesel fuel (21%), and jet fuel (8%). Learn more:
Mineral Oil Uses. Mineral oil, also known as liquid petroleum, is a by-product of the crude oil that is obtained in the distillation of petroleum, to produce gasoline and other petroleum-based products.It transpires as a tasteless, odorless (when cold), transparent, colorless, and oily liquid that is insoluble in both water and alcohol.t is often used as heat transfer oil by electric space heaters. Mineral oil is also used as a fluid in hydraulic machinery and vehicle, as it is non-compressible. Light mineral oil is used as a lubricant in textile industries and even used as a jute batching oil.