Explanation.—For the purposes of this rule, "merchant banker" and "specified date" shall have the meanings assigned to them in clause (b) and clause (e) respectively of sub-rule (4) of rule 40C.
Extra Notes for Readers:
- Rule 40D was introduced by the Income Tax (2nd Amendment) Rules, 2008, w.e.f. 1st Apr. 2008
Reference/Source: Check at Income Tax site for latest version of the Rules - link