AI-Driven Personal Tax Automation

Automating Personal Tax Tracking for a Salaried Professional 

A mid-senior level salaried professional in the technology sector approached Accrevise to simplify her tax management and avoid penalties due to underreporting or missed deductions. 

Client Challenge 

• Manually tracked Form 16, rent receipts, mutual fund statements, and Section 80 deductions.
• Missed claiming exemptions like HRA and Section 80D due to lack of documentation.
• No monthly visibility into tax outgo or real-time income tracking. 
• Frequent underpayment of advance tax, leading to penalties under Section 234B/C. 

Accrevise Intervention 

Phase 1: RPA Setup 

• RPA bots fetched salary slips, rent proofs, and investment statements from email/cloud. 
• Used OCR + AI classification to automatically extract and map figures to tax heads. 

Phase 2: Live Tax Dashboard 

• Real-time tax dashboard with:
• Net taxable income projection
• 80C/80D utilization tracking
• Capital gain estimator for mutual funds
• Advance tax triggers and penalty alerts Smart reminders like “Invest ₹45,000 more to save full 80C.” 

Phase 3: Compliance Support 

• Automated ITR filing based on dashboard insights. 
• Quarterly compliance reviews + tailored tax-saving advice. 

Results Delivered 

• Saved considerable in missed deductions in the first year.
• >90% reduction in manual tax tracking and documentation effort.
• No penalties under Sec 234B/C for the first time. 
• Enhanced confidence with monthly tax visibility and auto alerts.