DPT-3 is required to filed as per Rule 16 of Companies (Acceptance of Deposits) Amendment Rules, 2019.

It was introduced by MCA on 22nd  January 2019 by amendment in Deposit Rules through Companies (Acceptance of Deposits) Amendment Rules, 2019.

The amended rules provided an explanation by adding in Rule 16 as below:

Explanation: It is hereby clarified that Form DPT-3 shall be used for filing return of deposit or particulars not considered as deposit or both by every company other than Government Company

Purpose of filing DPT-3

  • To get information of Deposits received by the Company
  • To get entity wise information of loan received by the Company
  • To keep control over the Companies from acceptance of Loan, Deposits and Advance.
  • To check compliance of Section 73 by Company

 

Applicability DPT-3:

Applicable on all the Companies (Small, OPC, Public, Private, Listed, Unlisted) except the followings:

  1. Banking Company.
  2. Non-Banking Financial Company (NBFCs) registered with RBI.
  3. Housing Finance Company (HFCs) registered with the National Housing Bank.
  4. Government Company (in case of Exempted Deposit)

 

Applicability check

Check whether the Company is having loan in Books as on 31st March of that year.

Check whether the Company is having any advance from customer in books as on 31st March of that year.

Check whether the Company is having any deposit in books as on 31st March of that year.

In case of fulfillment of any of the above three conditions by the company then the company is     required to file e-form DPT-3 for that financial year.

The due date of filing DPT-3 is 30th June of that year.

 

Any loan (Loan received from any person); if standing in books as on 31st March of that year then Company needs to file e-form DPT-3.

 

 

 

 

 

Due Date:

The Due date of filing of DPT-3 is 30th June every year.

F. What is meaning of “Deposit or Particulars Not Considered as Deposit” as mentioned in explanation.

DEPOSIT: Whatever includes in definition of Deposit as per Companies Act and rules eg. Acceptance of loan from public, acceptance of loan from shareholders by public limited Company.

PARTICULAR NON-CONSIDERED AS DEPOSIT: Whatever loan exempted under deposit rules and sections 73 shall be considered as particular of non-considered as deposit. Eg

Loan from Director is exempted Deposit. However, will be covered under this head. Loan from shareholders in case of private Companies.

Loan from Body Corporates not considered as deposit. However, covered under above head etc.