K:ITR

Reliable API to Access Income Tax Payers Footprints

A comprehensive evaluation of the financial situation of the company is included along with an analysis of the financial statements. Detailing key personnel, a business summary, etc, provides a fuller view of the organisation's composition, structure, and entrails, providing insight into future growth. To calculate the tax liability of the institution, tax details like tax paid, outstanding taxes are provided. Thus, it provides an overall assessment of taxpayer footprints and helps determine tax liability

20 millionPre-profiled businesses

98%of all ITR filings covered

1200+Data points

Intuitive K:ITR Report

The Reports based on ITR Filings support ITR's 1-6. The ITR Report comprises details of the latest three Assessment Years and provides a Business Overview, Financial Analysis of Trends and Ratios and other quantitative and qualitative data. In the case of Salaried Individuals filing ITR-1/ ITR-2, the ITR Report includes Income and Employment Trends, Directorship Details, Shareholding Patterns and other Financial and Tax Details

ITR Business Detailed ReportCan opt for Business Detailed report which provides the detailed Profit and loss statement and balance sheet instead of a summary in ITR Business report. A chart is formed based on taxes paid, taxes payable and refunds. Form 26AS is presented for the latest 3 years

Easy verificationVerify the financial antecedents of entities not registered on the GST network and verify the financial health of any entity with clear segregation of data into easy-to-understand buckets

Tax FootprintDetermine the tax footprints of salaried individuals by delineating data into comprehensive, accessible buckets, for example, contact information, summary, financial information, employment data, tax details, etc

K: ITR Solution Overview

Comparative Analysis

Summarizes performance metrics on a yearly basis. Comparable representation of the company's growth over the last three years based on performance indicators such as revenue, profit after tax, cash and cash equivalents, total assets, and total liabilities with growth rates expressed in percentages

Employment Details

In ITR Salaried report, employment details of the past 3 financial years are displayed along with the amount credited as salary

Financial Statement Analysis

A detailed financial analysis is to be carried out with the aid of financial ratios, which are commonly employed to assess the profitability and solvency of the firm. Examples of such ratios are receivables turnover ratios, payables turnover rates, days of sales outstanding, etc. Forecast the future growth and profitability of the company by leveraging various financial trends

Uncover the top 3 customers

In ITR Salaried report, income from various sources such as income from salary, income from house property, income from capital gains and income from other sources are displayed for the last 3 financial years

Income concentration

Use our web application like a simple search engine or integrate customizable APIs for integrations with BREs and underwriting engines through APIs

Organizational structure

The report gives an in-depth look at the composition and the organisational structure of the firm with details about the individuals in the top echelons tasked with making critical decisions. Details of the top shareholders, who are considered the rightful owners of the company and have a significant impact on its operations and decisions

How K:ITR Helps

An in-depth assessment of ITR returns from individuals and corporations

Easy-to-Understand
Easy-to-understand buckets which are divided into entity profile, business summary, business overview, financial statements, financial ratio analysis across profitability, liquidity, activity, etc. This presents the entire gamut of information in a streamlined, ceaseless manner, and helps in understanding the intricacies of the functioning of the organization
Business Summary
The summary report enables a comparison of the performance of the organisation over the last three years based on performance metrics such as revenue from operations, profit after tax, total assets and total liabilities. The performance metrics along with the year-on-year growth rate provide an overall picture of the growth in an organisation
Financial Assessment
Gives a comprehensive business picture that allows assessment of the financial health of a company. The main drivers of growth, the pain points, and areas that require more attention can be ascertained from the financial statements

Income Segmentation
It is possible for revenues to be overstated by a one-time property sale, while profits from operations may be abysmal, giving an inaccurate picture of the organisation's financial condition. The segregation of income based on business nature, such as business gains, capital gains, or gains from house properties, etc, gives a more detailed picture of profitability by excluding gains from unusual tertiary activities outside the scope of business operations
Quantitative Information
Quantitative information, such as the quantity of goods produced, purchased, or sold, enables a comprehensive understanding of the nature of a business. Often, revenue is negatively affected by variations in the market that are beyond the control of the business, but the level of output of the manufacturing activity does provide an indication of the efficiency of the organisation
Bad debts
A company's bad debts provide information about debts they have been unable to recover due to obsolete collection practices, poor estimates of the financial health of the client/s, and erroneous judgments about the client/s. The higher amount of total bad debts compared to the provision for bad and doubtful debts indicates a deeper analysis of the organization's history, including payment history, rigorous collection policies, and a better assessment of credit history