Want to file return of income under 44ab and not 44ad for the ay 16-17

Ramesh Rathi (Proprietor) (49 Points)

28 July 2016  
PARTNERSHIP FIRM ENGAGED IN THE BUSINESS OF TRADING AND HAVING TURNONER RS. 68 LAKHS AND NET PROFIT RS. 1.71 LAKHS DOES NOT WANT TO FILE ITS RETURN UNDER 44AD BUT INSTEAD WANTS TO FILE ITS RETURN UNDER THE NORMAL PROVISION OF THE IT ACT. CAN IT DO SO? AND/OR WILL AUDIT U/S. 44AB OF IT ACT BECOME APPLICABLE