Equity delivery turnover just above 1 Cr, Audit needed?

I have total turnover of 1.05 crores for delivery based trades of equity 2017-18, but only have a profit of Rs 7000 (Due to some losses incurred). Additionally, I have a speculative profit of Rs 1.7 Lakhs. Although salaried, I believe I will have to file ITR 3. Is audit needed in this case? Can I mention the gross receipts of Rs 7000 in NO ACCOUNT CASE?

Problem with that approach is that 6% of 1.05 crores = 6.3 Lakhs profit. My actual profit is 1.7 lakhs.

Thanks. The audit looks like is needed for 1 Cr turnover and for 2 Cr need 6% profit.