Question

This records the summary of all payments by a tax
payer?
​

Answer 1

Answer:

I don't know about this question brother and sister

Answer 2

Answer:

the correct answer to the question is The Electronic Cash Ledger

All of a taxpayer's payments are listed in the Electronic Cash Ledger. Information is presented in the ledger major head-wise, i.e., IGST, CGST, SGST, and CESS. Tax, Interest, Penalty, Fee, and Others are the five minor heads that follow each major head

Explanation:

The Electronic Cash Ledger:

The GST portal's electronic cash ledger, often known as an e-wallet or electronic passbook, shows the entire amount of cash deposits made by the taxpayer to the government. It comprises unpaid taxes, fines, accumulated interest, late fees, and other monetary deposits.

• The electronic cash ledger receives credit for payments made by challan.
• A cash ledger is primarily a piece of office equipment that typically contains a money drawer, logs the amount of each sale, and indicates the total amount of money established.
• A cash ledger keeps track of all transactions that take place in our shop, recording the money that comes in and goes out.

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