1. Project Title

AI-Powered Document Verification System using OCR and Intelligent Data Matching

2. Objective

The objective of this project is to automate the reading, verification, and secure storage of official Indian documents like PAN Card, Aadhaar Card, and GST Certificate using advanced AI techniques. This aims to reduce manual errors, accelerate KYC/business verification and enhance authenticity using verified APIs and artificial intelligence.

3. Problem Statement

Traditional document verification relies on manual effort, making it slow, error-prone, and unscalable. Non-linked PANs lead to blocked financial transactions, higher taxes, and compliance penalties as mandated under Section 139AA. Existing processes cannot cope with the rising demand for digital KYC and business registration, resulting in critical bottlenecks and increased costs for professionals and clients.

4. Proposed Solution

The system uses AI-based OCR for automatic extraction of document data and integrates intelligent data matching algorithms to semantically verify extracted details against official government and third-party APIs. GST details for businesses are fetched via APIs, and all verified records are stored securely for future compliance and audits. The AI handles spelling errors, case mismatches, and formatting inconsistencies, improving accuracy and confidence levels.

5. Role of Artificial Intelligence

· AI-based OCR: Uses computer vision models for structured data extraction from document images, accurate even with varied lighting or poor image quality.

· Intelligent Data Matching: Uses NLP and similarity algorithms to compare data extracted via OCR with API-verified data, supporting semantic-level validation.

· APIs: PAN, Aadhaar, GST Verification

6. System Features

· Scanning and OCR extraction for PAN, Aadhaar cards

· Automated document verification using government APIs

· GST business detail fetching via GSTIN API

· AI-powered matching of extracted and official data

· Intuitive dashboard for upload, verification, and record management

· Secure offline database for all verified documents

· Enterprise-grade data security for audit and compliance needs

7. Expected Outcomes

· Over 80% reduction in manual verification time

· Reliable, AI-assisted matching with high accuracy

· Seamless compliance with automatic extraction and verification

· Organized, secure storage for future audits and compliance checks[2][1]

8. Applications

· KYC for Chartered Accountants and Financial Institutions

· Government Document Validation and Business Compliance

· Digital Registration and Audit Platforms

· Instant client onboarding and regulatory compliance verification

This use case demonstrates how an AI-powered solution can transform document verification for Chartered Accountants, improving accuracy, compliance, and efficiency for the entire workflow.