A/c u/s 44AA- Profit bellow 6/8% without Audit ?

CA Vivek Kumar (Practicing CA And GST Content writer for legalfilings.in)   (660 Points)

31 March 2018  
Dear experts,

One of my client is wholesaler of dry fruits and having TO of 70-80 lakh. His gross margin is just 2%. He has mainanted proper books of a/c u/s 44AA. He don't want to opt 44AD.
My query is Can he show his profit bellow 8/6% without being subject to audit u/s 44AB ?