I tried to install sass-loader to compile scss, but it shows a version compatibility error. I downgrade the version and did so many things, but still shows the same issue.
React version- 17.0.2 node version- 16.2.0 npm version - 7.13.0
Package.json
  "dependencies": {
    "@testing-library/jest-dom": "^5.11.4",
    "@testing-library/react": "^11.1.0",
    "@testing-library/user-event": "^12.1.10",
    "antd": "^4.16.2",
    "node-sass": "^4.14.1",
    "react": "^17.0.2",
    "react-dom": "^17.0.2",
    "react-redux": "^7.2.4",
    "react-scripts": "4.0.3",
    "redux-saga": "^1.1.3",
    "web-vitals": "^1.0.1"
  },

You could try uninstalling node-sass and replacing it with sass. That did it for me.
npm un node-sass
npm i -D sass
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