DPT-3 DUE DATE

Introduction 

MCA introduced DPT-3 Form on 22nd January 2019 which is amended in Deposit Rules. According to Amended Rule 16 which clarified that the Form DPT-3 shall be used for filing the returns of deposit or particulars which are not considered as a deposit or both by every company other than the govt. company.

DPT-3 

It is a one-time loan return form that must be filed by any company with marvelous loans that are not recognized as a deposit. Recently, According to the MCA Amendments, all firms are essential to file a one-time return for marvelous receipts of money but with the exception of government entities. And this loan is called the company’s loan and it is not considered a deposit. Every firm requires filing a one-time return for transactions that are not deemed as deposits under Rule 16A. Either you are a one-person company (OPC) or Small Business but it must file the DPT-3 Form.

Applicability for filing of Form DPT 3 

All public, private limited, and one-person companies filed the DPT-3 form which meets any of the given below criteria: 

• According to Rule 2(1) (c) of the Companies Rules, 2014, a One-time Return for the declaration of marvelous money or loans which are received by the company but not deemed as a deposit.

• Deposit Refunds.

•  Details of a company’s transactions that are not deemed deposits under the Companies (Acceptance of Deposit) Rules, 2014.

• Return of Deposits and Particulars of Non-Deposit Transactions by a Company.

Required documents for Form DPT 3 Submission

• Certificate of Auditors.

• Deposit of Insurance Contract, at the time of the requirement.

• Trust deed deposit copy

• The instrument that generates the charge.

• List of depositors 

• Information on liquid assets.

• Attachments are optional.

Purpose of Annual Return of DPT 3 /One Time Return of DPT 3

The companies must acknowledge any Secured Loan and Unsecured Loan that is outstanding as of 31st March of the F.Y.  To file the DPT 3 Annual Return that a company has to consider an outstanding Loan and not a Deposit. Companies that have only outstanding money/Loan must file a one-time Return.

Process for filing of Form DPT 3

 How you file the E-form DPT-3 with the Ministry of Corporate Affairs which is given below: -

• Enter CIN and click on Pre-fill: - Form open, fill the CIN of the Company and then click on pre-fill. If can edit an e-mail Id of the company after that revised one.

• Select the Purpose of filing the form: - Click on the tab applicable in mention the Purpose of filing the form & Fill that company is government Company or Non- government Company.

• Enter the objects of the company: - You can fill the objects of the company if in case the same then it is not pre-filled.

• Enter the latest date of financial year-end: - You have to fill in all details but if the company has the purpose is ‘Return of Deposit’ or ‘Particulars of transactions it is not considered as a deposit or ‘Return of Deposit and Particulars of transactions and not considered as a deposit’ is selected.

• Fill in the required details for calculating the Net Worth: - According to the latest audited balance sheet you have to fill in the required details which proceed the date of the return of the Company

• Fill the maximum limit of deposit, a total number of deposit holders on 1st April and at the end of F.Y.: -  You have to fill such details only if the purpose is ‘Return of Deposit’ and Particulars of transactions by a company not considered as a deposit’ is selected.

• Fill the Particulars of liquid assets & Particulars of a charge created & Enter total amounts of outstanding money: - Amount of deposits maturing before 31st March of the next year and following next year and required amount invested in liquid assets, etc. 

• Attach Documents, Sign Form, Submit & Upload: - Attach all the required documents after that sign the form digitally and now you can submit it on the MCA portal.

Due Date of DPT 3 

The due date of DPT 3 for online filing is 30-06-2022. According to Rule 2(1) (c) of the Companies Rules, 2014, One Time returns for disclosure of the details of outstanding money or received loan by the company are not considered a deposit, and the Due date is from 1st May 2019 within 30 days.

Due Date of the DPT 3 for Annual Return

Fees of DPT 3 Form

 In Case, Company Having A Share Capital the fees applicable on the filing of DPT 3 are given below:-

In the case of a Company Not Having a Share Capital then the filing fees of DPT 3 are Rs.200 per document.

Conclusion 

It concluded that every firm requires filing a one-time return for transactions that are not deemed as deposits under Rule 16A. Either you are one personal company (OPC) or Small Business but it must file the DPT-3 Form. The due date of DPT 3 for online filing is 30-06-2022. According to Rule 2(1) (c) of the Companies Rules, 2014, One Time returns for disclosure of the details of outstanding money or received loan by the company are not considered a deposit, and the Due date is from 1st May 2019 within 30 days.

eStartIndia will help you to File eForm DPT-3 from the comfort of your home.

Author:

Radhika Punani
Ambala
I am Radhika from Ambala city. I qualified LLM from Kurukshetra University and B.A.LLB from Maharishi Markandeshwar University