Income Tax Return (ITR) documents are rich in financial information but often come in complex and unstructured formats. Our advanced AI software, ByteFlow, powered by its Generative Process Automation (GPA) engine, intelligently extracts key data points from ITR forms, such as gross income, deductions, tax amount, filing status, etc., without the need for any rigid templates or manual entry of data.
ByteFlow transforms ITR processing into a scalable, reliable, and fully automated workflow, saving time while ensuring data integrity.
Key application fields of this extraction process are:
- Loan underwriting: Assess income and repayment capacity
- Credit scoring: Analyze verified financial history
- Tax consultancy: Accelerate data gathering and report generation
- Compliance checks: Automate documentation for KYC/AML
- Government services: Validate eligibility for subsidies or benefits
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