DPT-3 is a mandatory filing required by companies to report outstanding loans and deposits as per the provisions of the Companies Act, 2013. At Global Taxman, we provide professional assistance in ensuring timely and accurate filing of DPT-3, helping you stay compliant with regulatory requirements.
What is DPT-3?
DPT-3 is a form that companies are required to file annually with the Ministry of Corporate Affairs (MCA) to disclose the details of deposits and loans, including any outstanding borrowings as on the date of filing. This form ensures transparency in financial reporting and helps in tracking deposits and loans raised by the company.
Who Needs to File DPT-3?
All companies (except those specifically exempted) need to file DPT-3.
Companies that have received loans or deposits from shareholders, directors, or other entities.
Companies that have outstanding loans or deposits as on the date of filing.
Filing Deadline for DPT-3
The filing must be done once a year, by 30th June, for the previous financial year.
Failure to file on time may result in penalties or other legal actions.
Step-by-Step Filing Process
Collect Information: Gather details of loans and deposits, including amounts, interest rates, and terms.
Prepare DPT-3 Form: Complete the form with the required details of outstanding loans and deposits.
Obtain Digital Signature: Ensure that the form is signed digitally by the authorized signatory.
File with MCA: Submit the completed DPT-3 form through the MCA portal.
Acknowledge Filing: Once the form is successfully submitted, receive the acknowledgment from MCA.
Documents Required
Details of outstanding loans and deposits (from shareholders, directors, or others).
Board resolution authorizing the filing.
Details of any loan/deposit agreements or instruments.
Digital Signature Certificate (DSC) of the authorized signatory.
Penalties for Non-Compliance
A late filing fee of ₹100 per day applies if the form is not filed within the due date.
Continued non-compliance may result in fines or other legal consequences for the company and its officers.
Why Choose Global Taxman?
Timely Filing: We ensure your DPT-3 is filed on time, avoiding penalties.
Expert Advice: Our team guides you through the process, ensuring accuracy and compliance.
Cost-Effective Services: We provide affordable pricing for DPT-3 filings with clear and transparent costs.
Hassle-Free Process: From document collection to submission, we handle the entire filing process.
Frequently Asked Questions (FAQs)
Who needs to file DPT-3? Any company that has taken loans or deposits, or has outstanding loans and deposits, must file DPT-3.
What happens if DPT-3 is not filed on time? A late fee of ₹100 per day will be levied for non-compliance.
Is DPT-3 applicable to all companies? Yes, unless specifically exempted under the Companies Act, 2013.
Can the DPT-3 form be amended? Yes, amendments can be made before the filing is finalized with the MCA.
