The term "accountant" for the purpose of Section 13(1A) of the Prevention of Money Laundering Act, 2002…
The section 13 Explanation requires the chartered-accountant qualification under the 1949 Act. Other professional status alone is insufficient. A statutory auditor who holds…
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The term "accountant" for the purpose of Section 13(1A) of the Prevention of Money Laundering Act, 2002 means-
Answer and explanation
Correct answer B
The section 13 Explanation requires the chartered-accountant qualification under the 1949 Act. Other professional status alone is insufficient. A statutory auditor who holds that CA qualification does qualify; the alternative expressly excludes it.