Partnership firm audit

As profit is less than 8% because the firm has incurred a loss audit will be required.

44 AD (Presumptive taxation) states that if  assessee claims that the profits & gains from the business are lower than (i.e less than 8%) the profits & gains in accordance with the pro. of 44AD & if income exceeds the maximum amount not chargeable to tax, audit is mendatory even in case of loss.

In your case if the T/O exceeds 60 Lacs and profit is less than 8% it is liable for audit.

for, further clarification plese refer the blog...

https://chotai.blogspot.com/