Running a business in India comes with its fair share of challenges—managing finances, growing revenue, and keeping up with endless compliance requirements. One such crucial yet often overlooked filing is Form DPT-3.
This annual filing is mandatory for all companies in India—except government companies—to report details of deposits, loans, and non-deposit receipts. The Form DPT-3 due date is June 30th each year, making it essential for businesses to meet this deadline to avoid penalties and maintain good standing with regulatory authorities.
Table of Contents
What is Form DPT-3?
Form DPT-3 is an annual return form that companies must file to report deposits and outstanding loan details. It is a statutory requirement under the Companies Act 2013, ensuring that businesses remain compliant and transparent in their financial dealings. The form covers:
- Deposits received by the company
- Non-deposit loans taken from directors, shareholders, or other sources
- Any other amounts that are classified as financial liabilities
The primary objective of this filing is to prevent malpractices related to undisclosed financial transactions and to strengthen corporate governance.
<H2> Applicability and Requirements for DPT-3 Form
Form DPT-3 filing applies to all companies except government companies. This includes:
- Private Limited Companies
- Public Limited Companies
- One Person Companies (OPCs)
Key requirements for DP3 include:
- Annual Filing Deadline: Companies must submit Form DPT-3 by June 30 each year, covering financial transactions for the previous fiscal year.
- Financial Year Coverage: The form includes details of financial liabilities up to March 31 of the relevant financial year.
- Auditor Verification: Companies must ensure that the reported figures are verified by auditors to maintain accuracy and compliance.
Penalties for Non-Compliance with Form DPT-3 Filing
Failure to file Form DPT-3 on time can result in significant penalties under the Companies Act 2013. The penalties include:
- A flat penalty of up to ₹5,000 for the company.
- Additional daily fines of ₹500 per day for continued non-compliance.
- Officers responsible for the filing may also be penalised with additional fines.
Ensuring timely submission is essential to avoid legal repercussions and unnecessary financial burdens.
Preparing for the DPT-3 Filing
To ensure a smooth DPT-3 filing process, companies should follow these steps:
- Review Financial Transactions: Examine all deposits, loans, and non-deposit receipts received during the financial year.
- Obtain Audit Reports: Work with auditors to verify and validate the data before submission.
- Gather Necessary Documentation: Collect supporting documents such as loan agreements, receipts, and auditor reports.
- Consult Experts: If there are complexities in reporting, seek advice from compliance professionals or legal experts.
Information Required to Fill DPT-3 Form
Companies need to provide the following details while filling out Form DPT-3:
- Corporate Identification Number (CIN)
- Name and registered address of the company
- Auditor certification and verification
Other financial liabilities as per the balance sheet-
- Net Worth of the Company: The net worth is calculated as total assets minus total liabilities based on the most recent financial year-end.
- Particulars of Charge (if any): Companies must disclose any charges or encumbrances on their assets. This includes mortgages, liens, or any other security interests held against company-owned properties or resources.
- Total Amount Outstanding as of March 31st, 2020 including-
- Deposits received from individuals or entities.
- Loans borrowed from banks, directors, or other companies.
- Any other non-deposit receipts that need disclosure.
- Particulars of Credit Rating (If Applicable): Companies with an assigned credit rating should provide: Name of the credit rating agency (e.g., CRISIL, ICRA, CARE, etc.) and the rating assigned.
Form DPT-3 Due Date
The due date for filing Form DPT-3 is June 30th of every financial year. Companies should ensure timely submission to avoid penalties and maintain regulatory compliance.
Documents Required to File DPT-3 Form
To complete the Form DPT-3 filing, companies must submit:
- List of Depositors
- Deposit Insurance Contract
- Copy of the Trust Deed
- Copy of the Instrument Creating Charge
- Details of Liquid Assets
- Outstanding Receipts of Money or Loans
- Auditor’s Certificate
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Conclusion
Form DPT-3 is a critical compliance requirement for companies in India. Filing this might feel like just another compliance task, but it’s actually a crucial step in keeping your business financially transparent and legally sound. Missing the deadline can lead to penalties, unnecessary stress, and last-minute scrambling. Instead of rushing at the last minute, take a proactive approach—review your records, coordinate with your auditors, and get your documents in order well in advance.
Frequently Asked Questions
Yes, Form DPT-3 is mandatory for all companies (except government companies) that have received deposits, loans, or other non-deposit receipts. It must be filed annually, as per the Companies Act of 2013, to ensure financial transparency and regulatory compliance.
If a company fails to file Form DPT-3 on time, penalties may include:
- A fine of ₹5,000 for the company.
- An additional fine of ₹500 per day for continued non-compliance.
- Officers in default may also face penalties, which can go up to ₹2 lakh.
The filing fee for Form DPT-3 depends on the company’s authorised share capital:
- ₹200 for companies with capital up to ₹1 lakh
- ₹300 for ₹1-5 lakh
- ₹400 for ₹5-25 lakh
- ₹500 for ₹25 lakh-1 crore
- ₹600 for ₹1 crore or more
Late filing attracts additional fees, increasing with the delay period.
No, Form DPT-3 is not applicable to LLPs (Limited Liability Partnerships). It applies only to private and public limited companies, as LLPs are governed by the LLP Act of 2008 and have different compliance requirements.
Yes, you can file DPT-3 after the due date, but it will attract late filing fees and penalties. To avoid unnecessary financial and legal consequences, it is advisable to file before the June 30 deadline.
Yes, DPT-3 is an annual compliance requirement that must be filed every year by June 30, reporting financial data from the previous fiscal year.
The purpose of Form DPT-3 is to:
- Ensure financial transparency by reporting deposits, loans, and non-deposit transactions.
- Help regulators track company borrowings and financial stability.
Ensure compliance with the Companies Act of 2013 and avoid penalties.
Sarthak Goyal is a Chartered Accountant with 10+ years of experience in business process consulting, internal audits, risk management, and Virtual CFO services. He cleared his CA at 21, began his career in a PSU, and went on to establish a successful ₹8 Cr+ e-commerce venture.
He has since advised ₹200–1000 Cr+ companies on streamlining operations, setting up audit frameworks, and financial monitoring. A community builder for finance professionals and an amateur writer, Sarthak blends deep finance expertise with an entrepreneurial spirit and a passion for continuous learning.
