(43) “electronic cash ledger” means the electronic cash ledger referred to in sub-section (1) of section 49;

(43) “electronic cash ledger” means the electronic cash ledger referred to in sub-section (1) of section 49;

Electronic cash ledger means a cash ledger maintained in electronic form by each registered
person. The amount deposited through various modes of payment (viz., internet banking,
debit/ credit cards, NEFT/ RTGS or by any other mode), shall be credited to the electronic
cash ledger. The amount available in this ledger can be used for the payment of:
(a) Tax
(b) Interest
(c) Penalty
(d) Fees or
(e) Any other amount payable.