MCA has notified that the due date for filing of one time return by companies in form DPT 3 stands extended upto 29/06/2019 (i.e. 90 Days from 31/03/2019), as against the earlier notified deadline of 90 days from 22/01/2019.
It may be noted that on 22/01/2019 the MCA has amended Rule 16A(3) of the Companies (Acceptance of Deposits) Rules, 2014, mandating every company (other than Government company) to file a one time return of outstanding receipt of money or loan (not considered as deposits) from 01/04/2014 till that date, in Form DPT 3 (along with applicable fee) within ninety days from the date of publication of said notification.
Later on 30/04/2019 the MCA has further amended the Rule 16A(3) of the Companies (Acceptance of Deposits) Rules, 2014. Now every such company is required to file one time return in Form DPT 3 within 90 days from 31/03/2019 (i.e. latest by 29/06/2019), along with applicable fee.
MCA Notification dt. 30/04/2019: DPT 3 Due Date Extended upto 90 Days from 31/03/2019
MCA Notification dt. 22/01/2019: Companies (Acceptance of Deposits) Amendment Rules, 2019
ICAI Clarification on Requirement of Auditor’s Certificate for Return of Deposits (DPT 3)
AS PER MCA NOTIFICATION DATED 30 APRIL 2019, LAST DATE IS IS 90 DAYS FROM 31 MARCH,2019, i.e. 29 JUNE 2019.
If Company has received loan only from Director, does DPT-3 need to be filed?
the very reason that it is exempted deposit, DPT-3 need to be filed.
ONETIME RETURN FOR DISCLOSURES IS FOR THE PERIOD FROM 1.4.2014 TILL 31.03.2019. AS PER MY UNDERSTANDING ONLY RECEIPTS OF MONEY OR LOAN (NOT CONSIDERED AS DEPOSIT) IS TO BE GIVEN WHICH REMAIN PAYABLE ON 31.03.2019 AND NOT WHAT HAVE BEEN RECEIVED OR REPAID DURING THE PERIOD FROM 1.4.2014 TO 31.03.2019. PLEASE SHARE YOUR VIEWS?
In my opinion, if Loan or money has been received after 1.04.2014 and repaid before 31.03.2019, then such information need not to be furnished in form DPT 3 and therefore the information has to be provided of only that money/loan which is outstanding as on 31.03.2019.
If amount is due for more than 45 days as on 22 Jan. 2019 only then reporting in DPT 3 is required. However, if the amount is already repaid then no reporting is required, i.e. NIL return of DPT-3 is not required.