Sales turnover in it returns f.y.21-22 and f.y.22-23

A business person rs:20 lacs business loan required from bank.banker it returns f.y 21-22 and f.y 22-23 profit and loss account and balance sheet documents required two years
question:
assessess sales turnover declared in it returns f.y.21-22 and f.y.22-23
Replies (7)
Quick Summary
This discussion clarifies the sales turnover declaration required in Income Tax returns for FY21-22 and FY22-23, particularly for individuals seeking business loans. It addresses situations where IT returns haven't been filed, account records are not maintained, and the business falls below GST registration thresholds. The focus is on accurately reflecting actual turnover for bank loan purposes.

Please elaborate your query
A person it returns non filed and business loan rs:20 lacs required sales turnover declared showing amount in it returns f.y.21-22 and f.y.22-23 for bank loan purpose
What is the value shown in books of accounts?
Assessess account records not maintained and sale turnover below threshold limit in gst act
Why books of accounts not maintained?? Whether assessee having business or not?
Assessess retail pharmacy business un registered (below rs:40 lacs limit turnover
Then show the actual turnover

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