In Ireland a lodgement is an amount lodged to a bank account or paid into a bank account via a "lodgement slip" or "paying in" slip.
In India a lodgement is commonly used for proofs of
tax deduction
Tax deduction is a reduction of income that is able to be taxed and is commonly a result of expenses, particularly those incurred to produce additional income. Tax deductions are a form of tax incentives, along with exemptions and tax credits ...
. A "lodgement vendor" is one who will verify proofs (rental receipts, medical receipts) to ensure that they are eligible for deduction as per the rules of
Income Tax
An income tax is a tax imposed on individuals or entities (taxpayers) in respect of the income or profits earned by them (commonly called taxable income). Income tax generally is computed as the product of a tax rate times the taxable income. Ta ...
in India.
In Australia the electronic placing of personal
tax returns with the authorities is described as the electronic lodgment (note: alternative spelling) of tax returns.
Electronic lodgment service
, Australian Taxation Office, Retrieved 2013-10-23
References
Personal finance
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