THINGS TO KNOW BEFORE YOU REGISTER-REPORTING OF LOANS AND DEPOSITS IN FORM DPT-3
As per rule 16 of Companies(Acceptance of Deposits) Rules 2014, Every Company other than government company need to file a ‘Return of Deposits’ with the registrar in Form DPT-3 giving deatail of return of deposits or transaction which are not considered as deposit or both as on 31st March of every financial year.
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INTRODUCTION
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As per rule 16 of Companies(Acceptance of Deposits) Rules 2014, Every Company other than government company need to file a 'Return of Deposits' with the registrar in Form DPT-3 giving deatail of return of deposits or transaction which are not considered as deposit or both as on 31st March of every financial year.
APPLICABILITY
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DPT-3 Form is applicable on -
1. All Private Limited Companies.
2. All Public Limited Companies.
3. One Person Company(OPC)
DUE DATES
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Every company is required to file Annual Form DPT-3 is on or before 30th of June of every year containing information as on 31st March .
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Every company is required to file One time Form DPT-3 is on or before 29th of June of 2019 containing information as on 31st March 2019.
Attachment Required With DPT-3-
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Auditor Certificate regarding loan and deposits amount
CONSEQUENCES
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It will attract a penalty of Rs 5,000 and Rs 5,000 per day in case of a continuing default, on the company and its officers in default.
Exempted Companies:-
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1. Government Companies.