44ab applicability below 1 cr t/o

Yes,
even section 44Ab does not mention such special cases having t|o below 1cr and profit below 8%.
Same time applicability of audit is arises when your profit is lower than presumptive taxation scheme. i.e lower than 8% .
my recommendation is to do audit.

Mahendra is wrong in his point of view. Audit is required in this case only if in previous 5 years you have filed your return under section 44AD and have opting it out before completing continuous five years. In this case Audit will be done under section 44AB(e). But if you have never opted for 44AD in previous years then you don't required to go for audit at all. If you still wanna talk to me on call for further clarification then you can send me your number on my id - ca.ajaakarshjain16 @ gmail.com. I will call you back.