Income Tax Audit

Yes ofcourse... because Sec 44AB specifically gave a proviso to sec-44AB that, if any person is filing u/s 44AD, then he need not do Tax Audit... In such a case.. u are not required to do Tax Audit!

Ensure other requirements of 44ad are met.

Tax Audit u/s 44AB of the Income Tax Act 1961 is not applicable for person's opted to pay Tax under Presumptive Taxation Scheme ( 44AD, 44AE, 44ADA ). Even though your Turnover exceeds Rs. 1 crore , you are not required to file Tax Audit Report subject to certain conditions as provided under Section 44AD.

Yes you can  opt for filing of return under presumptive income u/s44AD and avoid tax audit.. And also check for other requirements are met for u/s 44AD