TaxTMI 
TaxTMI 
TaxTMI 
Applicability
This form is applicable on all companies except :-
- a government company
- a banking company
- a non-banking financial company registered with the Reserve Bank of India
- a housing finance company registered with the National Housing Bank established under the National Housing Bank Act, 1987.
However, insurance companies are registered with IRDA, so the obligation to file DPT-3 is also applicable on them.
Due Date
In case of one time return: 29th June, 2019 and in case of annual return: 30th June, 2019.In the return, the company must provide details of outstanding receipt of money or loan by a company but not considered as deposits from 1st April 2014 up to 22nd January 2019.
Attachments required with Form DPT-3
- Auditor’s certificate [CA Certificate]
- Deposit Insurance contract – Mandatory if company has deposit insurance and details of same are mentioned in the form
- Copy of trust deed – Mandatory if company has trust deed and details of same are mentioned in the form
- Copy of instrument creating charge – Mandatory if company has trust deed and details of same are mentioned in the form
- List of depositors – List of deposits matured, cheques issued but not yet cleared to be shown separately – Mandatory if company has balance of deposits outstanding at the end of the year.
- Details of liquid assets
Other notes
The e-form DPT-3 is a dynamic form which works on the basis of radio button selected
by the user.
Q. In which cases auditor’s certificate is mandatory to be attached?
Ans. Auditor’s certificate is mandatory only in the case when a return of deposit is filed, i.e. when the radio button two or four is selected.
Q. What are the amounts which have to be entered in the forms?
Ans. In case of one time return: Consolidated amount received on or after 1st April, 2014 and outstanding as on 31st March, 2019.
In case of annual return: Amount outstanding as on 31st March, 2019 received at any time.
Q. What to do if the object clause pre-filled is not matching with the object of the company?
Ans. This is due to the reason that the objects clause is not in sync with the MGT-7 and it is picked on the basis of the CIN of the company.
As per the discussion, stakeholders are advised not to raise tickets in this regard and ignore what is being prefilled.
Q. If the company does not have any outstanding amount as on 31st March, 2019, is the e-Form DPT-3 required to be filed?
Ans. No, company does not have to file any return.
Q. Is the interest along with the principal amount of the loan to be reported?
Ans. If the interest amount is outstanding as on 31st March, 2019, then yes it also has to reported as a consolidated figure with the principal amount under the respective head.
Q. Which date Company need to mention in Column No. 7 “Date of last closing of accounts”
Ans. The date will be 31st March, 2019.
For further clarification and professional assistance, feel free to contact at [email protected]
(Mr. Sandeep Rawat has vast experience & knowledge in dealing with Direct and Indirect Taxation. He can be reached at [email protected])