11 May 2013
Since provisions of section 44AB applies, return has to be filed electronically with digital signing. Please refer notification 37/2011 dated 1/7/2011.
26 June 2013
Yes when the turnover is less than the minimum limit fixed for audit u/s 44AB then the net profit should be 8%. In case of less profit the books must be audited to show lower profit then 8% and the return must be filed online with digital signature. I agree with the expert.