<h1>Tax authority: March 31, 2018 deadline applies only to CbC reports under section 286(2); section 286(4) deadline pending</h1> The tax authority clarified that the March 31, 2018 deadline applied only to the Country-by-Country (CbC) report required under section 286(2) of the Income-tax Act (to be filed by an ultimate parent entity) and does not apply to the obligation under section 286(4) (to be filed by a constituent entity resident in India when the parent's jurisdiction lacks CbC exchange or has a systemic failure). The decision notes the 286(2) deadline had been extended to March 31, 2018, and that the due date for filings under section 286(4) will be prescribed following enactment of the Finance Bill, 2018.