MUMBAI, India, July 30 -- Intellectual Property India has published a patent application (202641088229 A) filed by Bangalore Technological Institute on July 20, 2026, for Llm Based Tax Compliance, Anomaly Detection And Financial Advisory System.
Inventors include D. Jerline Sheebha Anni; Karthik R S Heggadihally; Koushik S; Lakshmi Prasad D; and Apeksha P M.
The application for the patent was published on July 24, 2026, under issue no. 30/2026.
Abstract: The invention discloses an Artificial Intelligence-driven financial intelligence framework for automated tax compliance verification, anomaly detection, fraud risk assessment, and financial advisory generation. The framework integrates data ingestion modules, financial knowledge repositories, retrieval-augmented knowledge engines, tax compliance engines, machine learning-based anomaly detection systems, and Large Language Models into a unified platform. Financial records, invoices, bank statements, tax returns, and transaction data are automatically processed and evaluated against taxation regulations and compliance requirements to identify compliance deviations, fraud indicators, and abnormal financial behavior. Contextual financial knowledge is retrieved through Retrieval-Augmented Generation techniques and utilized by Large Language Models to generate intelligent financial recommendations. The framework further generates financial intelligence outputs including compliance scores, fraud risk scores, tax optimization recommendations, and financial health assessments. The generated outputs are presented through explainable reports, dashboards, and notification systems to support intelligent decision-making, improve regulatory compliance, reduce manual auditing effort, and enhance financial transparency.
Disclaimer: Curated by HT Syndication.
