Audit under section 44AB in some cases

Sir due to the notices received under section 44AA If I filed returns making the profit and loss account Balance sheet, can I am liable to get the account audited under section 44AB please guide me thanks.
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Quick Summary
This discussion clarifies when a tax audit under Section 44AB of the Income Tax Act is necessary. It explains that an audit is only required if specific criteria outlined in Section 44AB are met. Filing returns with a profit and loss account and balance sheet, and declaring PGBP income, generally means a Section 44AB audit is not applicable, unless certain thresholds like a margin below 8% or turnover exceeding £1 crore are met.

Tax audit will be applicable only if it satisfies any criteria which is specified in the section 44AB, not otherwise.

No chance of audit applicability, if you declared the details of PGBP income with P&L acc & BS.

Audit will apply if margin is less than 8% or turnover exceeds 1 crore

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