FILINGLOUNGE

Call Us On +91 9355582894

Blog Contact Us
Company Registration

Documents Required for :
DPT - 3 Filing

Click Here

DPT-3 Filing for Declaration of Deposits in Company

The DPT-3 form is used for declaring the deposits accepted by a company under the provisions of the Companies Act, 2013. It is mandatory for companies to file this form with the Ministry of Corporate Affairs (MCA) to declare any deposits accepted in a particular financial year.

Who Needs to File DPT-3?

  • Companies that have accepted deposits during the financial year, whether in the form of loans or deposits from members or others.
  • Companies that are required to report their deposits as per the rules under the Companies Act, 2013.
  • Companies that have received loans or deposits under the exemption provided in the Act and need to file DPT-3 as part of their compliance.

Benefits of DPT-3 Filing

  • Legal Compliance: Ensures that the company complies with the statutory requirement to declare the deposits accepted during the financial year.
  • Transparency: Helps maintain transparency regarding the company's financial activities and accepted deposits.
  • Investor Confidence: Ensures that the company provides a clear picture of its financial dealings, boosting investor confidence.

Consequences of Non-Compliance

Failure to file the DPT-3 form within the prescribed time frame can result in penalties and legal action. Non-compliance can also lead to loss of credibility and possible restrictions on future deposit-accepting activities.

Documents Required for DPT-3 Filing

  • Details of the deposits accepted during the financial year.
  • Copies of the Board resolution or special resolution authorizing the acceptance of deposits (if applicable).
  • Company details, such as CIN (Corporate Identification Number) and registered address.
  • Other documents as required by the Ministry of Corporate Affairs (MCA).

Step-by-Step Process for DPT-3 Filing

  • Preparation of Documents: Gather all relevant documents, including details of deposits accepted during the financial year.
  • Complete DPT-3 Form: Fill out the DPT-3 form with the required details about the company's deposits, loans, and other financial information.
  • Board Resolution: Pass a Board resolution or special resolution for the acceptance of deposits (if applicable).
  • File with MCA: Submit the DPT-3 form electronically through the Ministry of Corporate Affairs (MCA) portal for approval.
  • Confirmation: Once filed, the MCA processes the filing and sends a confirmation upon approval of the submission.

Filing Lounge's Process for DPT-3 Filing

  • Initial Consultation: We assess your company’s deposit situation and guide you on the DPT-3 filing process.
  • Document Preparation: We assist in preparing and verifying the required documents, including the deposit details and resolutions.
  • Filing with MCA: We file the DPT-3 form on your behalf with the Ministry of Corporate Affairs (MCA) to ensure timely submission.
  • Post-Filing Support: We provide assistance in tracking the status of the filing and obtaining confirmation from the MCA.

How Filing Lounge Can Help

Filing Lounge offers expert services to ensure smooth and compliant DPT-3 filings for the declaration of deposits in companies. We manage the entire process, from document preparation to submission, ensuring timely compliance with legal requirements.

  • Expert Guidance: Get expert advice on the DPT-3 filing process and the declaration of deposits.
  • Comprehensive Assistance: We handle all the paperwork, filings, and coordination with the Ministry of Corporate Affairs (MCA).
  • Quick Processing: We ensure your DPT-3 filing is processed on time to meet statutory deadlines.
  • Compliance Assurance: We ensure that your DPT-3 filing is fully compliant with the relevant laws and regulations.

For more information, visit our DPT-3 Filing page.

With Filing Lounge, the DPT-3 filing process is quick, easy, and fully compliant with the law.

Related Guides

Documents Required For DPT-3 Filing

Proprietorship vs Limited Liability Partnership (LLP) vs Company

Features Proprietorship Partnership LLP Company
Definition A sole proprietorship is an unregistered business entity managed by a single individual. A legal contract between multiple parties to jointly manage and run a business operation. A business type that combines aspects of a partnership and the limited liability of a corporation. A registered business where owners and shareholders have limited liability.
Ownership
  • Single individual
  • Min 2 Partners
  • Max 50 Partners
  • Designated Partners: Min 2(No upper limit)
  • Min: 1 shareholder (for a private company), 7 shareholders (for a public company)
  • Max: 200 shareholders (for a private company), no upper limit (for a public company)
For One Person Company
  • Minimum: 1 individual
  • Maximum: 1 individual
Registration Time 7-10 working days
Promoter Liability Unlimited Liability Limited Liability
Documentation
  • Partnership Deed
  • PAN card of the partnership firm
  • LLP Agreement
  • Incorporation Certificate
  • PAN card of the LLP
  • MOA
  • AOA
  • Certificate of incorporation
  • PAN card of the company
Governance No specific governing law Governed by the terms outlined in the partnership deed Governed by the LLP agreement Governed by a formal structure including a Board of Directors
Transferability Business cannot be transferred Ownership transfer requires the consent of all partners as outlined in the partnership deed. Transferable Easily Transferable for public companies. In private companies, there might be some restrictions.
Compliance Requirements
  • Income tax filing if the turnover exceeds Rs. 2.5 lakhs.
  • Must file ITR 5
  • Must file ITR 5
  • File Form 11
  • Form 8
  • MCA filing
  • Auditor's appointment
  • File ITR 6

DPT-3 Filing for Deposits FAQ's

What is DPT-3 Filing?

DPT-3 is a form submitted to the Ministry of Corporate Affairs (MCA) by a company to report the details of deposits accepted during the financial year as per the Companies Act, 2013.

Why is DPT-3 Filing necessary?

DPT-3 filing is required to notify the Registrar of Companies (RoC) about the deposits accepted by the company, ensuring compliance with statutory provisions related to deposit acceptance and management.

What documents are required for DPT-3 Filing?

The documents required for DPT-3 filing include the list of deposits accepted, board resolution for accepting the deposits, and any other relevant details required as per the form.

Can DPT-3 be filed online?

Yes, DPT-3 can be filed online through the Ministry of Corporate Affairs (MCA) portal by submitting the necessary form and documents electronically.

What is the resolution for DPT-3 Filing?

The resolution for DPT-3 filing is a formal decision passed by the Board of Directors of the company, agreeing to accept deposits as per the Companies Act, 2013. This resolution is required to be submitted along with the DPT-3 form.

What happens after submitting DPT-3?

After submitting DPT-3, the Registrar of Companies (RoC) will process the filing. Once approved, the company’s deposit details will be officially recognized, ensuring compliance with the deposit-related provisions of the Companies Act.

Can a company accept deposits after its formation?

Yes, a company can accept deposits after its formation. The DPT-3 filing is required to be done annually to report the details of deposits accepted during the financial year.

What is the process for DPT-3 Filing?

The process involves preparing a list of deposits accepted by the company, passing a board resolution, completing the DPT-3 form on the MCA portal, and submitting it with the required documents.

What happens if I do not file DPT-3?

If DPT-3 is not filed, the company may face penalties for non-compliance, and its acceptance of deposits may not be formally recognized, potentially leading to legal and financial issues.

How long does the DPT-3 filing process take?

The DPT-3 filing process typically takes a few days to complete once all necessary documents are in order. The approval from RoC may take a few weeks depending on processing times.

How can Filing Lounge help with DPT-3 Filing?

Filing Lounge offers full assistance with DPT-3 filing, including document preparation, submission on the MCA portal, and ensuring timely and compliant filing to report the deposits accepted by your company.

Related Business Registrations

In addition to registration or incorporation, a business may require other registrations depending on the business activity undertaken. Talk to an Advisor to find out registrations your business may require post registration.

FSSAI Registration
IE Code
Trademark Registration
Copyright Registration
Salaried Tax-filing
GST Return Filing

MCA Compliance

Each registered entity is required to meet its compliance duties at the close of each financial year. This generally includes auditing financial statements, filing income tax returns, and submitting annual forms to the Ministry of Corporate Affairs (MCA).

Compliance For Form Due date Penalty
Commencement of Business Intimation to Registrar for Commencement of Business Within 180 days from incorporation INR 50,000 on company and INR 1,000 per day on directors for each day of default
Annual KYC of Directors DIR 3 E-KYC 30th September of every year INR 5,000 for late filing
Appointment of Auditor Form ADT 1 Within 15 days of the AGM INR 300 per day (max INR 12,000)
Financial Statements Form AOC 4 Within 30 days from the AGM INR 100 per day of default
Annual Return Form MGT 7 Within 60 days from the AGM INR 100 per day of default

All Limited Liability Partnerships (LLP) in India must file annual returns with the Ministry of Corporate Affairs (MCA). FilingLounge provides affordable services to help you keep your LLP compliant.

LLP Compliance Form Due date Penalty
Annual KYC of Directors DIR 3 KYC 30th September of every year INR 5,000 for late filing
Annual Return Form 11 May 30th every year INR 100 per day of default
Statements of Accounts and Solvency Form 8 30th October every year INR 100 per day of default (minimum penalty INR 10,000)

In addition to the filings listed above, there may be other compliance requirements relevant to LLPs. To ensure all compliance needs of your LLP are met, please seek assistance from a Filinglounge Advisor.

Entity Compliance Form Due date
Private Limited Company Annual Return MGT-7 Within 60 days from the conclusion of the AGM
Financial Statements AOC-4 Within 30 days from the conclusion of the AGM
DIR-3 KYC DIR-3 KYC 30th September every year
Return of Deposits DPT-3 30th June every year
Appointment of Auditor ADT-1 Within 15 days from the conclusion of the AGM
Income Tax Return (Non-audit case) ITR-6 31st July every year
Income Tax Return (Audit case) ITR-6 30th September every year
Annual GST Return GSTR-9 31st December of the subsequent financial year
MSME Form Form 1 (MCA) half-yearly return by 31st October (April to September), & 30th April for the period October to March every year
Limited Liability Partnership Income Tax Return (Non-audit case) ITR 5 31st July every year
Income Tax Return (Audit case) ITR 5 30th September every year
Annual Return Form 11 30th May every year
Financial Statements Form-8 30th October every year

Note : There might be extra filings needed depending on your business type and activities. Talk to a FilingLounge advisor to get the right guidance for your company's compliance.