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:
petroleum, rock oil (mid-14c. in Anglo-French), from Medieval Latin petroleum, from Latin: petra : rock + oleum : oil. ) is a naturally occurring, yellow-to-black liquid found in geological formations beneath the Earth 's surface, which is commonly refined into various types of fuels.etroleum is used in manufacturing a wide variety of materials, and it is estimated that the world consumes about 90 million barrels each day. Concern over the depletion of the earth's finite reserves of oil, and the effect this would have on a society dependent on it, is a concept known as peak oil.