As provided for in the amended Finance Bill 2018 approved by the Lok Sabha (lower house of parliament), the deadline for the submission of CbC reports in India by non-parent constituent entities will be changed from a predetermined date based on fiscal year end to a date that will be prescribed ({News-2018-03-20/P/2-previous coverage}). On 26 March 2018, India's Central Board of Direct Taxes published a release confirming that where a non-parent constituent entity is required to file a CbC r…