Role of AI Chatbot in Income Tax Prediction in India

Dr. Ikvinderpal Singh; Dr. Nidhi Aggarwal

doi:https://doi.org/10.17492/jpi.vision.v10i2.1022306

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Role of AI Chatbot in Income Tax Prediction in India

Ikvinderpal Singh, Nidhi Aggarwal

Vol 10 , Issue 2 , July - December 2023 | Pages: 87-117 | Research Paper

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https://doi.org/10.17492/jpi.vision.v10i2.1022306

Published Online: December 10, 2023

Author Details ( * ) denotes Corresponding author

1. Ikvinderpal Singh, Assistant Professor , Computer Science & Application , .Trai Shatabdi Guru Gobind Singh Khalsa College, Amritsar , Punjab, India (ips_sikand@yahoo.com)

2. * Nidhi Aggarwal, Assistant Professor, PG Department of Commerce & Business Adminstration, BBK DAV College for Women, Amritsar, Amritsar, Punjab, India (nidhiaggarwalonline@gmail.com)

This research paper explores the role of AI chatbots in income tax prediction in India. With the growing complexity of the income tax system and the increasing need for accurate tax calculations, AI chatbots have emerged as a valuable tool to assist individuals and businesses. This paper examines the benefits and challenges of employing AI chatbots for income tax prediction, their potential impact on the accuracy and efficiency of tax calculations, and their role in simplifying the tax filing process. It also discusses the regulatory framework and ethical considerations surrounding the use of AI chatbots in income tax prediction. Through an analysis of existing literature and case studies, this research paper aims to provide insights into the potential of AI chatbots to revolutionize income tax prediction in India.

Keywords

Chatbot; Income Tax; Artificial Intelligence; Taxpayers; Predictions

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