Form DPT-3 Archives

Form DPT-3 Explained: Deadline, Applicability & Penalties Introduction Form DPT-3 is a yearly form that companies in India must submit to the government. It gives details about money the company has received, like loans or advances that are not considered deposits. This helps the government keep track of how companies are managing their money. If you run a private or public company, it’s important to file this form on time to follow the rules and avoid fines. Summary Form DPT-3 is a yearly report companies file to show details of deposits, loans, and advances. Most companies have to file it, except government companies, banks, and NBFCs registered with the RBI. The deadline is June 30 every year, and it covers data up to March 31 of the same year. If you miss the deadline, your company and its officers can be fined ₹5,000 plus ₹500 for each day of delay. The form is filed online on the MCA website by filling the form, attaching documents, signing digitally, and submitting it. What is Form DPT-3? Form DPT-3 is a report that companies need to file with the Ministry of Corporate Affairs (MCA). It provides details about: Deposits the company has taken from others Loans that the company still owes Advances or other amounts that aren’t considered deposits Purpose of DPT-3 To keep things clear and transparent about how companies get and use money from members and others. To help the MCA monitor funds that aren’t deposits but could still be misused. Who Needs to File DPT-3? All companies are required to file Form DPT-3, except for the following: Government companies Banking companies Non-Banking Financial Companies (NBFCs) that are registered with the Reserve Bank of India (RBI) This means that the filing applies to: Private Limited Companies Public Limited Companies One Person Companies (OPCs) Small Companies If your company doesn’t fall under the excluded categories, you need to file DPT-3 to stay compliant. DPT-3 Filing Deadline The regular deadline to file Form DPT-3 is every year by 30th June, covering all disclosures up to 31st March of that year. If you’re doing a one-time filing for past cases (when required), you must submit it within 90 days from the date the government notifies you. We help companies file Form DPT-3 accurately and on time, ensuring compliance with MCA rules on deposits and exempted deposits. Types of DPT-3 Filings Annual Return of DepositsFile this if your company has accepted deposits from people as defined under the Companies Act. Return for Amounts Not Treated as DepositsUse this to report money your company has received that isn’t counted as a deposit, like unsecured loans, advances, or other similar amounts. Documents Required Auditor’s certificate, if your company needs one A copy of the board resolution approving the filing List of people or entities who have given deposits, if any Copy of the trust deed, if it applies to your company Any other information asked for in the form How to File Form DPT-3 – Step by Step Log in to the MCA Portal: Go to the Ministry of Corporate Affairs (MCA) website and log in using your company’s username and password. Download and Fill the Form: After logging in, download the DPT-3 e-form. Fill in all the details carefully, like the deposits, loans, and advances your company has received. Attach the Required Documents: Keep the following documents ready: Auditor’s certificate (if needed) Board resolution List of deposit holders (if any) Trust deed (if it applies) Any other required papers Sign with a DSC: The form must be signed digitally using a Digital Signature Certificate (DSC) by an authorized person, like a director or company secretary. Submit and Pay the Fees: After checking everything, submit the form online through the MCA portal. Make sure to pay the required filing fee to complete the process. Penalties for Not Filing Form DPT-3 on Time If a company doesn’t file Form DPT-3 by the due date, there are penalties to keep in mind: For the Company: The company will have to pay a fine of ₹5,000 initially. On top of that, there’s an extra charge of ₹500 for each day the filing is delayed. So, the longer the delay, the higher the penalty. For the Responsible Officers: The directors or officers who are responsible for filing the form will also face the same penalties- ₹5,000 plus ₹500 per day of delay. Giving Wrong Information Has Serious Consequences: If your company gives false details or doesn’t report deposits correctly in Form DPT-3, strict penalties can apply under Section 76A of the Companies Act. This can include heavy fines or even legal action. So, it’s essential to file the DPT-3 on time and provide accurate information to avoid these fines and complications. Common Mistakes to Avoid While Filing Form DPT-3 Thinking Private Companies Are ExemptSome assume private companies don’t have to file. That’s incorrect.All companies, including private ones, must file DPT-3 unless they’re a government company, bank, or NBFC registered with RBI. Not Reporting Non-Deposit AmountsDon’t forget to include amounts like loans, advances, or other funds received.Even if they’re not deposits, they still need to be shown in the form. Missing the DeadlineThe last date to file DPT-3 is usually June 30 every year.Missing it means you may face penalties, so set a reminder and don’t wait till the last minute. Filing Incomplete or Wrong InformationMistakes or missing details can cause delays or even lead to an inspection.Double-check everything before you submit. Conclusion In short, it’s important for every company to file Form DPT-3 properly and on time. Doing this helps you follow the law and avoid fines. Being careful and organized with your filing makes things easier and keeps your company’s financial records in good order with the government. Suggested Read : Who Should File Form DPT 3? Pvt Ltd Company Compliance Checklist Company Name change compliances Compliances for Registered Office changes File Form STK-2 for Closing a Company FAQs It’s a yearly form that companies need to file with the government, showing any money they’ve received, like loans, advances, or deposits.Almost all companies have to file it, except for government companies, banks, and NBFCs registered with the RBI.You must file it by 30th June 2025, covering financial data up to 31st March 2025.One-time filing was a one-off requirement for old data. The annual filing is something you need to do every year.Yes! Even if there are no deposits, if you’ve received loans, advances, or similar amounts, you still need to file.You’ll face a fine- ₹5,000 upfront plus ₹500 for every extra day it’s late. This applies to both the company and the responsible officers.In some cases, yes. But it’s always best to check with a professional before filing.No. It’s only for companies registered under the Companies Act; not LLPs.You may need A board resolution, Auditor’s certificate, List of deposit holders and Trust deed (if applicable).Just go to the MCA website, download the DPT-3 form, fill it out, attach the documents, sign it digitally, and submit it online.

Form DPT-3

Form DPT-3 Explained: Deadline, Applicability & Penalties

Compliance Calendar for the Month of August, 2022

Tax Compliance & Statutory Due dates for July 2022

Tax Compliance & Statutory Due dates for June 2022

MCA Extends due dates for various form including Form DPT 3 and CFSS 2020

Recent MCA Circulars on DPT-3, MSME 1, FORM INC 20A and ACTIVE FORM 22A Summarised (March 2019)