27. Substituted by the Finance Act, 2001, w.e.f. 1-4-2001. Prior to its substitution, clause (ii), as substituted by the Finance Act, 1988, w.e.f. 1-4-1989 and later on amended by the Finance Act, 1994, w.e.f. 1-4-1994, read as under :

‘(ii)  “specified date”, in relation to the accounts of the previous year relevant to an assessment year means,—

(a)  where the assessee is a company, the 30th day of November of the assessment year;

(b)  in any other case, the 31st day of October of the assessment year.’