From the reading of the section it looks like, in case of a person covered under section 44AD, if such person claims that the profits from the business is lower than the profits computed under this section (8%) and his income exceeds the maximum exemption limit, he has to maintain book u/s 44AA and also get them Audited u/s 44AB.

So, if before partner's remuneration and interest onm capital, there is a loss/nil income, there is no requirement od audit.