Return Of Loan And Advances Other Than Deposits In Form DPT-3

RETURN OF LOAN AND ADVANCES OTHER THAN DEPOSITS IN FORM DPT-3

The Ministry of Corporate Affairs vide its notification dated 22.01.2019 bought a very important change w.r.t. mandatory furnishing of information regarding outstanding receipt of loan by every Company other than Government Company. Accordingly every company other than government company shall file a one time return of outstanding receipt of money or loan but not considered as deposit ( from 1st April 2014 till the date of notification,22.01.2019) in form DPT-3 within 90 days from the date of notification i.e 22nd April 2019.

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The Ministry of Corporate Affairs vide its notification dated 22.01.2019 bought a very important change w.r.t. mandatory furnishing of information regarding outstanding receipt of loan by every Company other than Government Company. Accordingly every company other than government company shall file a one time return of outstanding receipt of money or loan but not considered as deposit ( from 1st April 2014 till the date of notification,22.01.2019) in form DPT-3 within 90 days from the date of notification i.e 22nd April 2019.

Every Company ( small, private,public,listed or not listed, OPC etc.) other than government companies has to file one time return for outstanding receipt of money or loan by a company but not considered as deposit as on 31-03-2019.