Electronic Tax liability register
Electronic Credit ledger
Electronic Cash ledger
All of them
Answer is Right!
Answer is Wrong!
The correct answer is D. All of them.
Payment made through challan will be credited to all of the following registers/ledgers:
- Electronic Tax liability register: This register is used to track all tax liabilities that have been incurred.
- Electronic Credit ledger: This ledger is used to track all credits that have been received.
- Electronic Cash ledger: This ledger is used to track all cash receipts.
Challan is a document that is used to make a payment. It is a receipt that is issued by the government or a private organization to acknowledge the receipt of payment. Challans are used for a variety of purposes, such as paying taxes, fees, and fines.
When a payment is made through challan, the amount of the payment is credited to the appropriate register/ledger. This ensures that all payments are properly recorded and that the correct amount of tax is paid.