Filling of Form DPT-3 as a Part of Legal Compliance

What is Form DPT – 3?

Form DPT-3 is used for filing a return of deposit or particulars of transaction not considered as a deposit or both by the companies respectively.

Which types of companies are required to file Form DPT 3?

• Private Limited Company
• Public Limited Company
• One Person Company (OPC)
• Small Company

Filing of DPT -3

DPT 3 has to be filed in two ways:

• One-time Return (For the FY 2014-2019)
• Annual Return (Every Year from FY 2018-19 onwards)

Purpose of Filing DPT -3

• One-time return for disclosure of Exempted Deposits
• Annual return of Deposits
• Annual return of Exempted Deposits
• Annual return of Deposits + Exempted Deposits.

In case of nil return (No deposits) is DPT- 3 required to be filed?

Nil return filing of DPT- 3 is definitely recommended to avoid complexities in the future.

Documents required for filing

• Auditor’s certificate with UDIN
• Latest Audited Balance Sheet’
• Copy of instrument creating the charge (If any)
• List of depositors (If any)

Due Date of Filing: 30.06.2022 (For FY 2021-22)

Consequence of Non Filing
The company that defaults in the filing of DPT -3 has to pay a penalty of a minimum of 1 crore or twice the number of deposits whichever is lower, which may extend to Rs. 10 crores, and every officer in default will be imprisoned for 7 years with payment of fine.