DPT 3, also known as "Return of Deposits," is a compulsory filing requirement for companies to furnish crucial information regarding their deposits or outstanding receipts of loans or non-deposit transactions. Form DPT-3 is mandatory for all companies except government companies. Its purpose is to report the company's deposit-related activities or transactions that do not fall under the definition of deposits. By complying with this filing requirement, companies contribute to transparency and ensure adherence to regulatory guidelines, promoting accountability in their financial operations.
At IndiaFilings, we understand the complexities of preparing and filing the DPT 3 return and the importance of adhering to regulatory guidelines. Our expert professionals possess extensive knowledge of company law and are well-versed in the intricacies of DPT 3 compliance. Make sure to let the complexities of DPT 3 compliance burden your organization. Let IndiaFilings be your trusted partner in ensuring seamless and compliant filing of your DPT 3 return. Contact us today to discover how our professional services can assist you in meeting your regulatory obligations effortlessly.
DPT-3, the filing of return of the deposit, applies to various types of money or debts, including:
Even if a company has received a loan from the following entities, it must file Form DPT-3.
The following types of companies in India are eligible to file Form DPT-3:
Please note that government companies are exempted from filing this e-form.
The following companies are exempted from filing the DPT-3 form as per the Acceptance of Deposits Rules of 2014 under the Companies Act:
Please note that these exemptions apply to the filing of loan returns.
June 30th is the annual due Date for submitting the return. For instance, in the case of FY 2022-23, the deadline for DPT-03 filing is June 30th, 2023.
If you still need to file Form DPT-3, there's no need to panic. IndiaFilings can handle the form filing process on your behalf. Simply contact us, and we will guide you through the DPT-3 form-filing requirements and procedures.
The following particulars are required to be furnished:
These details are essential for completing the filing process of Form DPT-3 accurately.
Penalty on the Company: The Ministry of Corporate Affairs (MCA) penalizes the company for non-compliance with filing Form DPT-3. The penalty can be either one crore rupees or twice the amount of the deposit, whichever is lower. The maximum penalty can reach up to 10 crore rupees.
Penalty on the Officers: The officers responsible for the default may face penalties, including imprisonment for up to seven years. Additionally, they can be fined from 25 lakhs rupees to two crore rupees.
Penalty for Default in Paying Fine: If the company or the officer fails to pay the imposed penalty, an additional five thousand rupees may be levied. Moreover, the infringement will persist, resulting in a daily fine of 500 rupees from the day of default.
Companies must fulfill their filing obligations to avoid these severe consequences, including substantial financial penalties and potential legal actions against both the company and its officers.
To file Form DPT-3, the following documents are required:
At IndiaFilings, we offer complete assistance in filing E FORM DPT-3. Our services encompass the following:
IndiaFilings is a reliable legal firm specializing in handling Form DPT-3 filings and providing various business-related services. Contact us today to guarantee prompt and accurate reporting of any outstanding debt or undisclosed funds to the Ministry of Corporate Affairs (MCA). Allow us to assist you in fulfilling your regulatory obligations efficiently.
One Person Company | Nidhi Company | Company Registration | Tax Notice | Indian Subsidiary | HSN Code | Section 8 Company | Trademark Search | USA Company Registration | FSSAI Registration | Import Export Code | ESI Registration | Proprietorship | GST Return Filing | Patta Chitta | PF Registration | Payroll | Business Tax Return Filing | PF Return Filing | Eway Bill | GST Registration | TDS Filing | Udyam Registration | Trademark Registration | Startup India Registration | Professional Tax | Personal Tax Filing | Check Company or LLP name Availability
Partnership | Limited Liability Partnership | Digital Signature | Copyright Registration | Unified Portal | PAN Card Download | Nadakacheri | Flipkart Seller | Caste Certificate | IAY | EPFO Passbook | Domicile Certificate | Udyog Aadhaar | PF Withdrawal | Karnataka One | Encumbrance Certificate | Bonafide Certificate | Instant PAN Card | E PAN Card | Income Certificate | Marriage Certificate | Passport Renewal | Nivesh Mitra | MSME Registration | Experience Certificate | Trademark Status | Trade License | Domicile | eMitra | UAN | PICME | Resignation Letter Format | Ration Card | TNREGINET | RAJSSP | LLP Compliance | Form 16 | Police Clearance Certificate | OBC Certificate | Jamabandi | Mee Bhoomi | SC Certificate | UAN Login | eAadhaar Download | Linking Aadhaar To Bank Accounts | mAadhaar | Aadhaar Enrollment Centre | UAN Passbook | Amazon How to Sell | PAN Card Apply | EPFO Unified Portal
We are available