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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

  • 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.

introduction

APPLICABILITY

  • DPT-3 Form is applicable on -

    1. All Private Limited Companies.
    2. All Public Limited Companies.
    3. One Person Company(OPC)

applicable

DUE DATES

  • 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 .

  • 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.

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Attachment Required With DPT-3-

  • Auditor Certificate regarding loan and deposits amount

CONSEQUENCES

  • 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.

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Exempted Companies:-

  • 1. Government Companies.

exemption

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