Turnovers of Company

Why for the company calculating income tax for the assessment year 2022-23 the turnover of previous year 2019-20 is been taken into consideration?????
Replies (7)
Quick Summary
This discussion explores why a company's turnover from the 2019-20 financial year is being considered for income tax calculations for the assessment year 2022-23. Participants are seeking clarification on this specific tax rule and its implications. One user shared a video link for further explanation, prompting further questions about its content and understanding.

What do you mean..
Never a wrong perception.
Just watch the Video of link given below..
https://youtube.com/shorts/6vpnAkW2cv4?si=o8II74hmIf1_tjtE
@ sharath if u do not understand keep quiet.
the turnover has to be ascertained. then comes all non cash expenditure.
@ Jigar,

What is in the link...???
Are You saw the video...???
If Yes, What You understand from the video...???

Please explain...
2019-2020 is not income of previous .
Sss go and refer

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