What we do
Our work in this practice group is structured around the records, deadlines, and decisions involved:
- Review of DPT-3 filing applicability.
- Identification and classification of reportable deposits and other amounts.
- Reconciliation of outstanding balances with books of account.
- Assistance with auditor-certified financial information required for filing.
- Accurate preparation of DPT-3 particulars.
- Timely MCA filing and acknowledgement support.
- Reduced risk of errors, omissions, and inconsistent reporting.
How the engagement works
Form DPT-3 is governed by the Companies Act, 2013 and the Companies (Acceptance of Deposits) Rules, 2014. Under Rule 16, companies to which the rules apply are required to file the prescribed return with the Registrar on or before 30 June each year, containing information as at 31 March and duly audited by the company’s auditor. The MCA has also clarified that DPT-3 is used for reporting deposits as well as particulars of transactions or amounts not considered deposits where disclosure is required under the applicable rules. The exact applicability and classification should be reviewed based on the company’s financial records and the provisions applicable to the relevant financial year. :contentReference[oaicite:0]{index=0}
Scenario 1: A company has outstanding deposits as of 31 March and needs to file the annual DPT-3 return with the Registrar of Companies.
Scenario 2: A company has received loans or other amounts that are not treated as deposits but are required to be reported through DPT-3.
Scenario 3: A company has multiple loans, advances, or financial receipts and wants professional assistance in determining their DPT-3 reporting classification.
Scenario 4: A company wants to reconcile its outstanding borrowings and other reportable amounts with its audited financial statements before filing DPT-3.
Scenario 5: A company needs assistance preparing and filing its annual DPT-3 return within the prescribed MCA timeline.
DPT-3 Applicability Review
We review the company’s financial position, outstanding deposits, loans, advances, and other relevant receipts to determine the applicable DPT-3 reporting requirements.
Deposit & Loan Classification
We examine outstanding amounts and classify them based on the applicable provisions relating to deposits and amounts specifically excluded from the definition of deposits.
Ledger & Financial Statement Reconciliation
We reconcile the reportable amounts with the company’s books of account, audited financial statements, loan confirmations, and other supporting records.
General questions
01What is DPT-3?
DPT-3 is an MCA form used by companies to file the prescribed return relating to deposits and, where applicable, particulars of amounts or transactions that are not considered deposits but are required to be reported under the Companies (Acceptance of Deposits) Rules.
02Who needs to file DPT-3?
Companies to which the applicable deposit rules apply are required to file DPT-3. The exact applicability depends on the company’s status and the nature of deposits, loans, and other amounts received or outstanding.
03What is the due date for DPT-3 filing?
The annual DPT-3 return is generally required to be filed with the Registrar on or before 30 June each year, containing information as at 31 March of that year, subject to the applicable rules and any government notification or extension. :contentReference[oaicite:1]{index=1}
04Does DPT-3 apply only to deposits?
No. The applicable DPT-3 framework also covers specified particulars of amounts or transactions that are not considered deposits but are required to be reported under the Companies (Acceptance of Deposits) Rules. :contentReference[oaicite:2]{index=2}
05Is an auditor certificate required for DPT-3?
The MCA instruction kit states that the annual DPT-3 filing contains information as at 31 March duly audited by the company’s auditor. The exact certification and attachment requirements should be checked for the relevant filing type and financial year. :contentReference[oaicite:3]{index=3}
06What information is required for DPT-3 filing?
Information may include the company’s financial details, outstanding deposits, amounts received that are not treated as deposits, particulars of receipts and repayments, and other financial information prescribed in the form. Supporting records should be reconciled with the company’s books and audited financial statements.
07Can loans received by a company be reported in DPT-3?
Certain loans or receipts that are not treated as deposits under the applicable exclusions may still require disclosure through DPT-3. The classification must be determined based on the source and nature of the amount and the applicable deposit rules.
08Can you help with DPT-3 filing every year?
Yes. We can provide annual DPT-3 applicability review, reconciliation, preparation, auditor coordination, MCA filing, and maintenance of the relevant compliance records.
