DPT-3: return of deposits and outstanding loans

1 min read

DPT-3 is an annual return in which a company reports money it has received as deposits, or as loans that are exempt from being deposits. Most private companies file it to report loans from directors and others. It is due by 30 June each year, for the position as on 31 March.

Who files it

Every company other than a government company files DPT-3 for outstanding receipts of money or loans that are not considered deposits, as well as any actual deposits. Common examples for startups:

Loans from directors or their relatives
Loans from shareholders
Advances from customers for goods or services
Share application money pending allotment
Loans from banks and financial institutions

Director loans

Money a private company receives from a director, or a relative of a director, is not a deposit if the lender gives a written declaration that it is not out of borrowed funds. The company records this in the board's report and reports it in DPT-3.

Attachments

An auditor's certificate is attached where the return covers actual deposits. List of depositors and particulars of charges may also be needed.

Frequently asked questions

If the company has no outstanding deposits or exempt loans, it is generally not required, though some companies file a nil return to be safe.

No. Private companies can accept deposits only from members, within limits and conditions.

This guide is general information, not legal advice. Government fees and procedures change; confirm current figures before you file.