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A Full Guide to File DPT-3 Form (MCA) for Return of Deposits

Form DPT 03

What is Form DPT-3?

DPT-3 form is a mandatory annual filing for most of the companies to furnish information about deposits and outstanding receipt of loan or money other than deposits as well as onetime return of outstanding receipt of money or loan by a company but not considered as deposits, in terms of clause (c) of sub -rule 1 of rule 2 from 1 April, 2014 to 31 March 2019, shall be filed within ninety days from 31 March 2019 along with fee as provided in the Companies (Registration Offices and Fees) Rules, 2014.

According to the latest Ministry of Corporate Affairs (MCA) Amendments, it is mandatory for all companies excluding the banking companies NBFC’s and HFC’s and a company specified by the Central Government under the proviso to sub-section (1) of section 73 of the Act to file a one-time return for the outstanding receipts of money which are loans of the company but are not considered deposits. It is also required to file annually.

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    How Did the Form DPT-3 Come Into Existence?

    On 22nd January 2019, the MCA (Ministry of Corporate Affairs) rolled out a new rule in the Companies (Acceptance of Deposits), Rules, 2014 and that new rule is DPT-3 form.

    Companies (Acceptance of Deposits) Amendment Rules, 2019

    MINISTRY OF CORPORATE AFFAIRS

    NOTIFICATION

    New Delhi, the 22nd January 2019

    G.S.R. 42(E).—In exercise of the powers conferred by clause (31) of section 2 and section 73 read with sub-sections (1) and (2) of section 469 of the Companies Act, 2013 (18 of 2013), the Central Government, in consultation with the Reserve Bank of India, hereby makes the following rules further to amend the Companies (Acceptance of Deposits) Rules, 2014, namely:-

    1. (1) These rules may be called the Companies (Acceptance of Deposits) Amendment Rules, 2019.

    (2) They shall come into force on the date of their publication in the Official Gazette.

    2. In the Companies (Acceptance of Deposits) Rules, 2014 (hereinafter referred to as the said rules), in rule 2, in sub-rule (1), in clause (c), in sub-clause(xviii), after the words “Infrastructure Investment Trusts,” the words “Real Estate Investment Trusts” shall be inserted.

    3. In the said rules, in rule 16, the following Explanation shall be inserted, namely:- “Explanation.- It is hereby clarified that Form DPT-3 shall be used for filing return of deposit or particulars of transaction not considered as a deposit or both by every company other than Government company.”.

    4. In the said rules, in rule 16(A), after sub-rule (2), the following sub-rule shall be inserted, namely:- “

    (3) Every company other than Government company shall file a onetime return of outstanding receipt of money or loan by a company but not considered as deposits, in terms of clause (c) of sub-rule 1 of rule 2 from the 01st April, 2014 to the date of publication of this notification in the Official Gazette, as specified in Form DPT-3 within ninety days from the date of said publication of this notification along with fee as provided in the Companies (Registration Offices and Fees) Rules, 2014.”.

    Who has to File The DPT-3 Form?

    Except for the Government companies, all other companies, which include all private limited companies, OPC, limited companies or Section 8 Company have to mandatorily file this form.


    What is the Last Date (Due Date) to File the DPT-3 Form?

    As per the Companies (Acceptance of Deposits) Amendment Rules, 2019, all the companies have to compulsorily file the one-time deposit return in E-form DPT-3 within 90 days from the end of the Financial Year.

    Note:

    Purpose of FormPeriodicityLast Date to File
    Return of Deposit & Particular not considered as Deposit YearlyYearly30th June 2026 for FY 2025-26

    Should Form DPT-3 be Filed if there is no Outstanding Loan?

    No, the DPT-3 not require to be filed if there is no outstanding receipt of money or loan.

    Who is Required to File the DPT-3 Form?


    Who is not Required to File the DPT-3 Form?

    Given below is a table of the Effects of the Amendment to understand it clearly.

    Relevant AmendmentApplicable toType of ReturnDue Date
    Every company excluding the Government CompanyExplanation to Rule 16Return of deposit or particulars of the transactions not treated as a
    deposit or both
    On or before 30th June of the previous year.
    Insertion of rule 16A (3)Explanation of Rule 16One-time return of outstanding receipt of money or dept by a company which is not treated as deposits as per rule 2 (1) (c)On or before 30th May.

    Process to Filing Form DPT-3

    Documents required for DPT-3 Form

    DPT-3 Due Date and Late Fees

    Duration of DelayLate Fees
    Up to 30 DaysTwo Times the normal fees
    30 to 60 DaysFour Times the normal fees
    60 to 90 DaysSix Times the normal fees
    90 to 180 DaysTen Times the normal fees
    Above 180 DaysTwelve Times the Normal Fee

    Punishment of Non-filing of DPT-3

    If a company or any of its officers breaks the rules, they can face a fine of up to 5000 rupees. If the violation continues, they could be charged an additional fine of 500 rupees for each day it goes on after the first day.

    Conclusion: DPT-3 form is an Annual Compliance requirement as per Rule 16 A of the Companies (Acceptance of deposits) Rules, 2014, read with Section 73 of the Companies Act 2013. This form required mandatory annual disclosures of Particulars of receipt of money or loan by a company but not considered as deposits, at the end of the financial year, in terms of clause (c) of sub-rule 1 of rule 2 of the Companies (Acceptance of Deposits) Rules, 2014.

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