Net profit % is less than 8 % is tax audit compulsory

But Sir, specified profession or Business? 

If the business is such that it falls u/s 44ad then declaring profit less than 8% invites tax audit. 

Business of tours and travel

My startup having 20lakh turnover and my profit comes around 4% as income , then as per you NO AUDIT u/s44AD, but my CA saying below 8% i must have to get my accounts audited??

So far by reading of bate act wide sec.44AD , I found that the expression AND is used in both conditions of tax audit, that's why a question in my mind if it was either or case why AND used rather 8% OR total income greater than non taxable limit must have been used.

I hope you getting my point.pls refer bare act.

an eligible assessee who claims that his profits and gains from the eligible business

are lower than 8% and

whose total income exceeds the maximum amount which is not chargeable to income-tax,

shall be required

to keep and maintain such books of account and other documents as required under sub-section (2) of section 44AA 

and

get them audited and furnish a report of such audit as required under section 44AB.

Above is extract from bare act, 

& it's clear if profit <8%, audit is required, unless total income is below exemption slab

is audit required when we maintain books of account but firm profit less then 8% and our turnover less then 1cr.(firm is Tour and travel)

If u r profit is less than 8 % and the income exceeds the maximum amount which is not chargeable to tax then one needs to get his accounts audited.