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DPT 3 Filing Requirements

form-DPT-3

form-DPT-3

A company that has outstanding loans files a DPT 3 Form. The outstanding loans are not treated as deposits. Except for government firms, all companies registered in India need to file DPT 3 Form.

Who is excluded from return submission?

Filing of DPT 3

What is the Last Date to submit the form of DPT-3 filing? 

Documents for submission

Fees for applying DPT 3 form

Sample form of DPT- 3

Consequences of failure to submit DPT – 3 form 

Transactions and financial entries that are not considered as deposits

Who is excluded from return submission?

Except a government enterprise, each company must send this return. Also, the following companies are excluded as per Rule 1(3) of the Companies Regulations (Acceptance of Deposits) 2014:

Filing of DPT 3

Two varieties of DPT 3 filing can include:

What is the Last Date to submit the form of DPT-3 filing? 

According to the Companies Amendment Rules (Acceptance of Deposits), 2019, all organizations will be required to file the one-time deposit return in the DPT-3 form within 90 days of the end of the fiscal year, obligatorily.

Documents for submission

Fees for applying DPT 3 form

Fees are payable in compliance with the laws of the Businesses (Registration Offices and Fee).

Sample form of DPT- 3

The DPT-3 sample of the Companies’ Amendment Rules (Acceptance of Deposits) 2019

Consequences of failure to submit DPT – 3 form

If the company does not comply with DPT-3 and fails to accept deposits, the following consequences will apply.

In compliance with Section 73

A minimum ₹ 1 crore penalty or twice as many lower deposits as can be applied to Rs 10 crore

For each of the officers, up to 7 years’ in case of the defaulter and no less than a fine of Rs. 25 lakhs, which can exceed Rs. 2 crores.

In compliance with Article 21

If the infringement persists, a fine of Rs. 500 can be levied on the company and each officer as usual for each day after a mistake has occurred.

Transactions and financial entries that are not considered as deposits

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