Tax audit under presumptive taxation u/s 44ad

As your turnover is less than rs 1crore, u can opt for presumptive taxation under sec 44AD. so u can offer 8% of ur turnover i.e 6,40,000   or actual  net profit of rs 2,60,000,.but when u offer 2,60,000 and if ur liable to pay any tax.u are liable to tax audit under sec44AB   i.e if u offer less than 8% of ur gross turnover as business income and if such offered income exceeds maximum amount not chargeable to rax,u r liable to tax audit under sec 44AB

agreed wid above ans by Nuli Swami.....

Apart From Tax Audit U/S 44AB the assesse also Required to comply with S.44AA -Maintainence of books of accounts.