As a taxpayer, filing your income tax returns is an important responsibility that should be done accurately and efficiently. However, it can be a daunting task, especially when you have to do it manually or with outdated tools. The good news is, there’s now an ITR Compliance API that can help you get your ITR details in the fastest and most accurate way possible.
What is an ITR Compliance API?
An ITR Compliance API is a system designed to provide accurate ITR details associated with PAN numbers in record time. It helps enterprises and individuals get their ITR information with the highest level of accuracy and convenience.
How does the ITR Compliance API work?
To use the ITR Compliance API, all you need to do is enter your PAN number, and the system will automatically fetch the data from the backend. The data is then sent back to your system, which you can use to get your ITR details. It’s a quick and easy process that saves you time and hassle.
What are the inputs required for ITR Compliance API?
To get your ITR details using the Compliance API, you only need to enter the PAN number present on your PAN card. This is the only input required to fetch your ITR details quickly and efficiently.
How much time does the ITR Compliance API check take?
Using an instant Income Tax Return API is the best way to fetch your ITR details quickly and efficiently. It allows you to get your Income Tax Returns in less than a second, saving you valuable time and effort.
ITR Compliance API use cases
The ITR Compliance API is designed to provide basic details of a taxpayer’s income tax return. It gives you the ability to read income, deductions, and other important information that you need to prepare your income tax returns accurately. Some of the use cases of the ITR Compliance API include:
- Enterprises that require ITR details of their customers or employees
- Banks and financial institutions that need ITR details for loan applications
- Individual taxpayers who need to file their income tax returns accurately and efficiently
Steps Involved in ITR Compliance Check
The ITR Compliance check requires the PAN number to get the ITR outcomes as an output. Here’s a step-by-step guide on how it works:
- The partner will integrate the ITR Compliance check API into their system.
- The partner defines the use case of the compliance check API.
- The individual provides their PAN number to the merchant, or the merchant provides the PAN number to the partner.
- After entering the required details, the ITR compliance is checked, and the partner receives the compliance API outcomes in response.
What are the ITR compliance API outcomes?
The ITR Compliance API provides several outcomes that are essential in processing your income tax returns accurately. Some of these outcomes include:
- PAN Aadhaar Link status – Determines the linking status between your PAN and Aadhaar card
- Validity of PAN – Verifies the validity of your PAN card
- PAN Allotment Date – Provides the date when your PAN card was issued
- PAN Number – Displays your PAN number
- Client ID Details – Provides the client’s ID details associated with the PAN number
- Compliance Result – Shows the compliance status of your ITR
- Masked Name – Displays a masked version of your name for security purposes
Conclusion
The ITR Compliance API is a game-changer for individuals and enterprises that need to process income tax returns quickly and efficiently. By using this tool, you can get your ITR details with the highest level of accuracy and convenience, saving you time and effort.
Learn more about IDcentral’s PAN Verification API solution