Form DPT-3 Filing: A Complete Compliance Guide

Timely filing of Form DPT-3 is a critical requirement for Indian companies. At LegalSuvidha, we know that compliance not only protects your organization from heavy penalties but also strengthens investor and stakeholder confidence. This guide covers what Form DPT-3 is, why it matters, the filing process, and the consequences of non‑compliance.

1. What Is Form DPT-3?

Why It Matters: Form DPT-3, the Return of Deposits, is mandated under the Companies Act, 2013 by the Ministry of Corporate Affairs.

Key Details:

• • Applicable to all companies (except exempt categories) that accept deposits or non‑deposit financial transactions.
  • Covers the financial year from April 1 to March 31, with a June 30 deadline.
  • Requires reporting of deposits received from members, directors, or other sources.

2. Importance of Filing Form DPT-3

Why It Matters: On‑time filing promotes transparency and legal compliance.

Key Benefits:

• • Transparency & Accountability: Discloses deposit activities to regulators, investors, and depositors.
  • Investor Protection: Creates an official record of deposits, safeguarding stakeholder interests.
  • Legal Compliance: Avoids fines, legal complications, and imprisonment for defaulting officers.
  • Enhanced Reputation: Demonstrates strong governance, aiding in attracting investment and credit.

3. Who Needs to File Form DPT-3?

Why It Matters: Ensures every liable entity meets its statutory obligations.

Includes:

• • Private Limited, Public Limited, and One Person Companies with deposits or loans in the year.
  • “NIL” returns when no deposits were accepted.
• • Exemptions: Government entities, banks, NBFCs, and NHB-registered housing finance companies.

4. The DPT-3 Filing Process

Why It Matters: A clear, step-by-step approach ensures smooth compliance.

Follow These Steps:

• • Review Financial Records: Verify all deposits, loans, and non‑deposit transactions.
  • Conduct an Audit: Engage a CA to audit and confirm accuracy.
  • Collect Documentation: Bank statements, loan agreements, receipts, etc.
  • Access MCA Portal: Register or log in as a Business User on the MCA website.
  • Fill & Submit Form: Complete Form DPT-3, upload documents, and submit under “Deposit Related Filings.”
  • Authenticate & Pay Fees: Sign with DSC and pay fees based on capital size.
  • Receive SRN: Track your submission status using the Service Request Number.

5. Consequences of Not Filing Form DPT-3

Why It Matters: Non‑compliance carries steep financial and legal penalties.

Penalties Under Section 73:

• • Fine ≥ ₹1 crore or twice the deposit value (whichever is lower), up to ₹10 crore.
  • Additional fine of ₹25 lakh–₹2 crore and possible imprisonment up to 7 years for defaulting officers.

Penalties Under Rule 21:

• • Fine up to ₹5,000 for late filing.
  • ₹500 additional penalty for each day of continued non‑compliance.

Impact on Company Officers:

• • Imprisonment up to 7 years.
  • Personal fines from ₹25 lakh to ₹2 crore.

6. How to Avoid DPT-3 Penalties

Why It Matters: Proactive steps eliminate the risk of fines and legal action.

Recommended Actions:

• • Plan ahead and begin preparation well before June 30.
  • Maintain precise financial records throughout the year.
  • Engage professional advisors for audit and filing accuracy.
  • File a “NIL” return if no deposits were taken.

7. Take Action Today

• Book a Free Credibility Consultation
• Call us at +91 81306 45164 for expert compliance support.

Final Thought:

Consistent, transparent compliance with Form DPT-3 is essential for safeguarding your company’s reputation and financial standing. At LegalSuvidha, we simplify the filing process and help you stay ahead of deadlines—so you can focus on growing your business with confidence.