14 May 2014
no. purchases don't determine the application 44AB. if you just purchase in excess of 1 cr and don't sell anything during the year or sell less than 1 cr, tax audit wont apply.
22 May 2014
no if your sale gross receipts cross rs. 1 crores the tax audit is compulsory. otherwise if you declare profit below 8% then you have to take audit report .