PQR, an eligible assessee, following mercantile system of accounting, carrying on eligible business under sec 44AD provides the following details. Total turnover for the financial year 2021-22 is ₹180 lakhs out of the ab

PQR, an eligible assessee, following mercantile system of accounting, carrying on eligible business under sec 44AD provides the following details. Total turnover for the financial year 2021-22 is ₹180 lakhs out of the above : (i) 30 lakhs received by cash during the financial year (ii) 80 lakhs not received till due date of filing the return (iii) 70 lakhs received by account payee draft before the date of filing of return What will be the amount of deemed profit of PQR under section 44AD(1) of Income Tax Act, 1961 for Assessment Year 2022-23 :