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

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.