Question 1

What is Form DPT-3 and who is legally required to file it annually?

Accepted Answer

Form DPT-3 is the mandatory annual return under Rule 16 of the Companies (Acceptance of Deposits) Rules, 2014, filed with the Registrar of Companies (ROC) to report all outstanding loans, advances, credit facilities, inter-corporate borrowings, and exempted deposits as on 31st March. Every company (Private, Public, OPC, Small Company) must file Form DPT-3 every year (except government companies and banking entities).

Question 2

What is the statutory deadline to file Form DPT-3 every year?

Accepted Answer

Under Rule 16, Form DPT-3 must be filed on or before 30th June every year, declaring figures as on 31st March of the preceding financial year. Filing after 30th June triggers heavy compounding MCA late fees and severe statutory non-compliance penalties.

Question 3

Do we need to file Form DPT-3 if our company has NO deposits or only director loans?

Accepted Answer

Yes! This is the #1 mistake companies make. Form DPT-3 has an explicit category for 'Particulars of transactions by a company not considered as deposit' (exempted deposits under Rule 2(1)(c)), which includes loans from directors, bank term loans, overdrafts, advances from customers, and inter-corporate loans. Even if you have ZERO public deposits, filing DPT-3 is 100% compulsory if you have any outstanding loan balances.

Question 4

What are the statutory penalties for failing to file Form DPT-3?

Accepted Answer

Under Rule 21 of the Deposit Rules, failing to file Form DPT-3 attracts a fine on the company and every defaulting officer of up to ₹5,000 plus a continuing daily fine of ₹500 per day. Under Section 76A, accepting unauthorized deposits without reporting can invite fines between ₹1 Crore and ₹10 Crores, and imprisonment for directors up to 7 years. TaxQue guarantees on-time DPT-3 filing.

Question 5

Who will audit and file our Form DPT-3 at TaxQue?

Accepted Answer

Your filing is prepared by a dedicated corporate tax accountant and certified by a practicing Chartered Accountant. We audit your trial balance, verify loan agreements, and prepare the mandatory CA Net Worth / Deposit Certificate.

Question 6

Is a Chartered Accountant (CA) Certificate mandatory with Form DPT-3?

Accepted Answer

Yes. When filing DPT-3 for outstanding deposits or combined deposits and exempted loans, a Certificate from an independent practicing Chartered Accountant verifying the loan schedules and net worth is a mandatory attachment on the MCA portal. TaxQue includes full CA audit certification within our package.

Question 7

What are the common 'Exempted Deposits' reported in Form DPT-3?

Accepted Answer

Common exempted transactions include: Loans received from Central/State Government, Bank borrowings and overdrafts, Loans from Financial Institutions, Advances from customers for supply of goods/services (< 365 days old), Loans from Directors (out of their personal funds with non-borrowing declarations), Inter-corporate loans from other companies, and security deposits from employees.

Question 8

What is the mandatory declaration required for Director Loans?

Accepted Answer

Under Rule 2(1)(c)(viii), any loan received from a director (or director's relative for private companies) is exempt from being treated as a deposit ONLY IF the director furnishes a written declaration to the company stating that the amount is given out of their own personal savings and not out of funds acquired by borrowing from others. TaxQue prepares these director declarations.

Question 9

What documents are required to file Form DPT-3?

Accepted Answer

You need: (1) Trial Balance or Audited Financial Balance Sheet as on 31st March, (2) Detailed break-up of all long-term and short-term borrowings, (3) Director Loan declarations, (4) Bank sanction letters, (5) CA Certificate, and (6) Class 3 DSC of an authorized director.

Question 10

What is the difference between One-Time DPT-3 and Annual DPT-3?

Accepted Answer

One-Time DPT-3 was a transitional return introduced in 2019 for historical loans from 2014 to 2019. Annual DPT-3 is a recurring statutory return required to be filed EVERY YEAR on or before 30th June for transactions outstanding as on 31st March.

Question 11

What if our company had absolutely ZERO loans and ZERO borrowings on 31st March?

Accepted Answer

If the company has zero outstanding borrowings, zero director loans, zero bank loans, and zero trade advances on 31st March, filing DPT-3 is technically not required. However, if your books show even ₹1 of loan balance, filing DPT-3 is strictly mandatory.

Question 12

How long does TaxQue take to prepare and file Form DPT-3?

Accepted Answer

Once your trial balance as on 31st March is uploaded, our CAs classify all loan heads, issue the CA certification, and file Form DPT-3 within 24 to 48 hours.

Question 13

What is the fee for Form DPT-3 filing with TaxQue?

Accepted Answer

We offer transparent, fixed pricing covering trial balance audit, director declaration drafting, CA certification, and MCA portal filing with zero hidden costs.

Question 14

Does an LLP need to file Form DPT-3?

Accepted Answer

No. Limited Liability Partnerships (LLPs) are governed by the LLP Act and are exempt from filing Form DPT-3. DPT-3 applies strictly to companies registered under the Companies Act.

Question 15

How do we receive confirmation that Form DPT-3 was approved by the MCA?

Accepted Answer

Form DPT-3 is processed under Straight Through Processing (STP). The moment our team submits the form with DSC, the MCA system instantly generates an official Payment Challan and SRN Approval Receipt, which we deliver to you immediately.

Question 16

What if we discover an error after filing DPT-3?

Accepted Answer

If an incorrect loan amount was reported, you can file a revised Form DPT-3 on the MCA portal along with an explanatory board resolution and revised CA certificate. TaxQue assists with prompt revision.

Feature & Deliverable Matrix	Basic	Standard★ Most Popular	Premium
Name Availability Verification & Portal Reservation Assistance	✓	✓	✓
Drafting of MOA, AOA / Deed & Statutory Declarations	✓	✓	✓
Official Government Portal Filing & Document Submission	✓	✓	✓
Certificate of Incorporation / Registration Delivery	✓	✓	✓
Entity PAN & TAN Allocation Coordination	✓	✓	✓
Assigned Company Secretary (CS) & Corporate Legal Advisor	—	✓	✓
Class-3 Digital Signature Certificates (DSC) & Director DINs	—	✓	✓
Assisted Corporate Bank Current Account Opening Setup	—	✓	✓
Mandatory EPFO, ESIC & State Tax Registrations Included	—	✓	✓
1st Board Meeting Resolutions & INC-20A Commencement Filing	—	—	✓
Custom Shareholder & Co-Founder Agreement Drafting (SHA/SSA)	—	—	✓
Free Comprehensive Trademark Brand Search & Class Verification	—	—	✓
Dedicated Corporate Advisory Desk for Annual ROC Compliances	—	—	✓

Document Category	Specific Records Required	Verification Guidelines
Provisional / Audited Balance Sheet	Balance Sheet as on 31st March showing current and non-current borrowings	Reconciled with bank statements
Loan Sanction Letters & Ledgers	Bank CC/OD/Term loan sanction letters, NBFC agreements, director loan agreements	Required for outstanding balance verification
Director Loan Declarations	Written declaration from director stating loan is given from personal funds (not borrowed funds)	Mandatory under Rule 2(1)(c)(viii)
Statutory Auditor's Certificate	Certificate signed by practicing CA with valid UDIN confirming loan figures	Mandatory attachment to Form DPT-3

Compliance Stage	Statutory Deadline	Statutory Penalties for Default
Annual Form DPT-3 Filing	30th June every year (for position as on 31st March)	Additional fees up to 18x normal MCA fee + Section 76A penalty
Section 76A Penalty on Company	Immediate on default / illegal deposits	Minimum ₹1 Crore up to ₹10 Crore fine on company
Section 76A Penalty on Directors	Applicable on defaulting officers	Imprisonment up to 7 years + fine ₹25 Lakhs to ₹2 Crore

Borrowing Category	Exemption Condition under Rule 2(1)(c)	Reporting in DPT-3
Loans from Banks & Financial Institutions	Secured / unsecured loans from scheduled banks & NBFCs	Reported under Option 4 (Exempted Receipts)
Loans from Directors / Relatives	Director must furnish declaration that funds are not borrowed from others	Reported under Option 4 with director declaration
Inter-Corporate Loans (Company to Company)	Loans received from another incorporated corporate body	Reported under Option 4 (Exempted Receipts)
Advance from Customers	Advance received for supply of goods/services adjusted within 365 days	Exempt; if > 365 days, treated as deposit

Parameter	TaxQue Corporate Finance Desk	Generic Automated Websites	Local Bookkeeper
Director Loan Declaration Verification	Collects mandatory Rule 2(1)(c) non-borrowed declaration	Skips declaration (makes loan an illegal deposit)	Unfamiliar with director loan rules
Auditor Certificate with UDIN	Certified CA certificate attached with valid UDIN	Leaves certificate to client	Cannot issue CA certificate
365-Day Customer Advance Check	Audits old customer advances > 365 days	Ignores aging (causes compliance violations)	No aging analysis

Accounting

DPT-3 Filing

Timeline conditions

Get Free Expert Consultation

Right Plan For DPT-3 Filing

MCA Form DPT-3 Return of Deposits & Exempted Loans

What is DPT-3 Filing?

Section 76A Severe Penalty Alert

How to Get Started

Balance Sheet & Loan Ledger Ingestion

Statutory Auditor Certificate Generation

MCA Form DPT-3 Submission & SRN Delivery

Documents Required for DPT-3 Filing

Statutory Deadlines & Penalty Matrix for Form DPT-3

Exempted Transactions under Rule 2(1)(c)

Why Choose DPT-3 Filing

Accurate Rule 2(1)(c) Classification

Statutory Auditor Certificate with UDIN Included

Guaranteed Submission Before 30th June

Eligibility Criteria for Form DPT-3

1Mandatory Companies

2Exempted Entities

TaxQue DPT-3 Advisory vs Generic Portals

Key Features of TaxQue DPT-3 Services

Audit Certificate Included

Fast-Track MCA Upload

Section 76A Penalty Shield

MCA Compliance

Frequently Asked Questions

What Our Clients Say

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