Turnover below 10 crores Cash Receipts or Payments below 5% of the total transactions

Hi please proceed in the following manner - 

a2i. If No , Whether during the year Total sales/turnover/gross receipts of business is between Rs. 1 crores and Rs. 10 crores? - Select Yes

a2ii. If Yes is selected at a2i, whether aggregate of all amounts received including amount received for sales, turnover or gross receipts or on capital account like capital contributions, loans etc. during the previous year, in cash & non-a/c payee cheque/DD, does not exceed five per cent of said amount - Select yes

a2iii. If yes is selected at a2i, whether aggregate of all payments made including amount incurred for expenditure or on capital account such as asset acquisition, repayment of loan etc. in cash & non-a/c payee cheque/DD, during the previous year does not exceed five per cent of the said payment ? - Select yes

b. Are you liable for audit under section 44AB? * - Select No

In the said case, tax audit is not required.