https://www.taxtmi.com/forum/issue?id=106956 Interpretation of the deposit definition under the Companies (Acceptance of Deposits) Rules, 2014: whether the exclusion for amounts received from a person who, at the time of receipt, was a director depends on the lender's status at the date of receipt or at the reporting date. The query presents scenarios where loans were advanced before the lender became a director and asks if outstanding amounts as at March 31 must be treated as deposits for DPT-4. A respondent observed that loans outstanding as at March 31 taken from directors are not deposits and need not be reported in DPT-4. en-us Fri, 27 Jun 2014 15:18:39 +0530 Thu, 23 Jan 2025 15:57:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=106956 Interpretation of the deposit definition under the Companies (Acceptance of Deposits) Rules, 2014: whether the exclusion for amounts received from a person who, at the time of receipt, was a director depends on the lender's status at the date of receipt or at the reporting date. The query presents scenarios where loans were advanced before the lender became a director and asks if outstanding amounts as at March 31 must be treated as deposits for DPT-4. A respondent observed that loans outstanding as at March 31 taken from directors are not deposits and need not be reported in DPT-4. Discussion-Forum Companies Law Fri, 27 Jun 2014 15:18:39 +0530 https://www.taxtmi.com/forum/issue?id=106956