Audit requirements of aop boi

1. As per sec 2(31), AOP or BOI also included in the definition of person and sec 44AB uses the word person for determining the criteria for a tax audit. 
2. And very importantly as per Income tax act whether an AOP or BOI will be considered as separate entity whether they are formed, established or incorporated with the object of making income, profits, gains. 
3. Hence. T.O limit of Rs.1 crore will equally be applicable for APO and BOI. 
Please correct me if the above solution has an alternative view. 

As per sec 2(31), AOP or BOI also included in the definition of person and sec 44AB uses the word person for determining the criteria for a tax audit