Pvt ltd company - is tax audit necessary if tuurnover <1.00c

"""Pvt Ltd company - Is tax audit necessary if Turnover <1.00Cr but Net Profit less than 8 %"" 
 

Ref Section 44AB / AD. about Tax audit necessary in case  turnover is less than 1.00 crore but the net profit is less than 8 % of turnover.  It applies to Inidividual / proprietorship / partnerships    and firms. 

Question 1 : Is the section 44 applicable to private limited company. ? 

Question 2: Is there any other section  which makes it mandatory for pvt. ltd company  to undertake Tax audit  IF  

A>  turnover is less than 1.00 crore  AND / BUT
B>  the nett profit is less than 8 %    (or any other lesser percentage)