Everything You Need to Know About Tax Data Extraction API
Manual data entry from tax documents is error-prone and time-consuming. Arya.ai’s Tax Data Extraction API automates this process, delivering fast, structured, and reliable financial data that powers everything from credit approvals to audit workflows.
Features of a Good ITR Extraction API
- Extracts both identity and income details
- Works with multiple ITR formats (e.g., ITR-V)
- Returns JSON data instantly
- Supports noisy scans and images
- Secure and compliant with regulatory standards
Applications of Tax Data Extraction API
- Digital Lending: Income verification from ITR for personal/business loans.
- Tax Filing Tools: Auto-populate dashboards from uploaded filings.
- WealthTech: Offer income-based advisory and tools.
- Verification Platforms: Confirm tax identity in background checks.
- Compliance Reporting: Use structured tax data for audits.
- GovTech: Verify income for social security or financial inclusion programs.