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SANKARA NARAYANAN S

Accountant

Published on: Apr 4, 2026

Corporate Compliance DPT 3 India: Understanding Its Importance

Corporate compliance is a crucial aspect of running a business in India, and one significant requirement is the filing of the DPT 3 form. The form is mandated by the Ministry of Corporate Affairs (MCA) under the Companies Act, 2013. This comprehensive guide aims to shed light on the intricacies of Corporate Compliance DPT 3 in India, helping businesses navigate this essential process effectively.

What is DPT 3 Form?

Form DPT-3 is a mandatory compliance under the Companies Act, 2013 read with the Companies (Acceptance of Deposits) Rules, 2014. It is not limited to deposits alone and covers reporting of all outstanding loans and financial receipts, including those not treated as deposits.

Legal Provisions : 

  • Section 73 – Acceptance of deposits from members
  •  Section 76 – Acceptance of deposits from public
  •  Rule 2(1)(c) – Definition of deposit and exclusions
  •  Rule 16 – Return of deposits
  •  Rule 16A – Return of money not considered as deposits

Meaning of Deposit

As per Rule 2(1)(c), deposit includes any receipt of money by way of loan or otherwise unless specifically excluded.

Amounts Not Considered as Deposits

  • The following are excluded under Rule 2(1)(c):
  •  Loans from directors
  •  Loans from shareholders subject to conditions
  •  Bank and financial institution borrowings
  •  Inter corporate loans  

    Director Loans – Legal Position

    As per Rule 2(1)(c)(viii), a loan from a director is not treated as a deposit if a declaration is obtained stating that the funds are not borrowed.

    Whether DPT-3 is Required for Director Loans

    Yes.

    As per Rule 16A(3), every company must report outstanding money or loans not considered as deposits.Therefore, director loans must be reported in Form DPT-3 under exempted amounts.

    Applicability of DPT-3 

    DPT-3 is required when:

    •  Deposits are accepted
    •  Loans or receipts exist which are not deposits

    If there are no outstanding amounts, filing may not be required.

    Due date 

    As per Rule 16, DPT-3 must be filed on or before 30 June every year for data as on 31 March.

    Penal Provisions 

    Section 450 – Non Filing of DPT-3

    Initial penalty up to 10,000 rupees.Continuing penalty 1,000 rupees per day.Maximum 2 lakh for company and 50,000 for officers.

    Key take aways

    • DPT-3 covers deposits and non deposit receipts.
    •  Director loans are not deposits but must be reported.
    •  Rule 16A makes reporting mandatory.
    •  Non filing attracts penalty under Section 450.  

    Conclusion

     Form DPT-3 is a full reporting requirement and the exemption from deposit classification does not eliminate the reporting requirement. Loans from directors must be reported, and timely compliance is important to avoid potential fines and achieve regulatory clarity.  

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