DPT-3 Filing

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Form DPT-3: Annual Return of Deposits and Loans

Every company, with the exception of government companies, must file Form DPT-3 annually with the Ministry of Corporate Affairs (MCA). This form is a mandatory compliance requirement to report details of all outstanding loans, deposits, and other money received that is not classified as a deposit as of March 31st of the financial year. The DPT 3 filing is a critical step to ensure transparency and regulatory oversight.

FileMyFirm can help you with your DPT-3 return filing, ensuring accuracy and timely submission.

Who Must File Form DPT-3?

Form DPT-3 applies to a wide range of companies, regardless of their size or structure, including:

  • Private Limited Companies
  • Public Limited Companies
  • One Person Companies (OPCs)
  • Small and Non-Small Companies

Even if a company has received loans from its holding, subsidiary, or associate companies, filing is still mandatory. Government companies and certain financial institutions like banks and NBFCs are generally exempt from filing.

What is Reported in Form DPT-3?

The DPT-3 return filing covers a broad range of monetary transactions and debts, including:

  • Deposits received from members or directors.
  • Secured and unsecured loans from third parties.
  • Advances received for goods or services.
  • Loans from banks, financial institutions, and other companies.

However, certain transactions are explicitly excluded and do not need to be reported as deposits, such as money received for share capital, inter-company loans, and subscription advances for securities.

Due Date and Penalties

The DPT 3 due date is June 30th of every year for the preceding financial year ending on March 31st.

Failure to file on time can lead to significant penalties. A company and its defaulting officers can face a fine of up to ₹5,000. Additionally, a further fine of ₹500 for each day the default continues may be imposed.

Documents Required and Filing Process

To complete the Form DPT-3 filing, you’ll need a certificate from your company’s auditor verifying the information. Other documents like a trust deed or proof of charge may be required depending on the situation.

The entire process is completed online through the MCA portal. You must fill out the web-based form with details such as your company’s CIN, net worth, and the total amount of outstanding loans and deposits. The form must be digitally signed by a director and the company’s auditor before being submitted online.

Simplify Your DPT-3 Filing with FileMyFirm

The DPT 3 filing procedure can be complicated and time-consuming. FileMyFirm offers a seamless solution to manage your compliance obligations. Our experts can assist with document preparation, audit verification, and the complete online filing process, ensuring your return is accurate and submitted on time.

Frequestly asked questions ( FAQ )

What is the purpose of Form DPT-3?

Form DPT-3 is a mandatory annual return filed with the Ministry of Corporate Affairs (MCA). Its purpose is to report details of all outstanding loans, deposits, and other money received that is not classified as a deposit (i.e., exempted deposits) as of March 31st of the financial year. It is a critical compliance step to ensure financial transparency.

 

 

Which companies are required to file Form DPT-3?

The requirement applies to a wide range of companies, including:

  • Private Limited Companies

  • Public Limited Companies

  • One Person Companies (OPCs)

  • Small and Non-Small Companies

Filing is mandatory even if a company has received loans from its holding, subsidiary, or associate companies.

Which companies are exempt from filing DPT-3?

Government companies and certain financial institutions like banks and NBFCs are generally exempt from filing Form DPT-3.

What is the due date for DPT-3 filing?

The due date for filing Form DPT-3 is June 30th of every year for the preceding financial year ending on March 31st.

What are the penalties for late or non-filing of DPT-3?

Failure to file DPT-3 on time can lead to significant penalties:

  • A fine of up to ₹5,000 on the company and its defaulting officers.

  • A further fine of ₹500 for each day the default continues.

What key documents are required for DPT-3 filing?

To complete the electronic filing process, you are required to attach a certificate from your company’s auditor verifying the information. Other documents like a trust deed or proof of charge may be required depending on the specific situation.