Discussion on DPT-3

Discussion on DPT-3
#csdiveshgoyal #diveshgoyal #mcav3 #icsi #csr
#diveshgoyal #csdiveshgoyal #fcsdiveshgoyal

[@prakharagarwal2373]

Please also make video on, how to transfer private limited company's shares to demat account as per latest circular of MCA with full procedure.

[@reemavishawakrma8873]

what we can do if figure get change in dpt3 and audited financial

[@farhakhatoon6741]

a company not having any deposits loans and advances still required to file dpt 3

[@sushantpp]

Very Informative !! Thank you to both of you !!

[@geethamanijayavaram8116]

Very informative Divesh and Payal for your in-depth knowledge in Companies Act 👍👍👍

[@fcsdiveshgoyal564]

*Priyanshi

[@bhanvichoudhary4357]

Thank you sir for such an informative video

[@fcsdiveshgoyal564]

Welcome Bhanvi.

[@prakharagarwal2373]

Where we have to show CC/OD balances in DPT-3 or CC/OD limits?

[@jayantnikam8109]

Very informative ! Thank you

[@cspulkitagarwal]

Hi Guys, there is one clarification for you all, there was a technical glitch in the form DPT-3. AUDITOR CERTIFICATION is ONLY REQUIRED in case of Return of Deposits. In case of other than Deposits, FORM is NOT REQUIRED to be CERTIFIED BY AUDITOR. HOPE THIS CLARIFIES!!!

[@fcsdiveshgoyal564]

It seems now there is a technical glitch and it is not asking for the DSC of the auditor. Earlier, it was intentionally.

[@swetajain4136]

As per mca notification dt 29/08/2022, a declaration by the statutory auditor has been introduced only in Rule 16 (for deposits) not in Rule 16A (for exempted deposits). Accordingly, stat auditor dsc should be required only in case of deposits.

[@ashwanialawadhi86]

Sir I am a new joinee, and I did not file never dpt-3 , what should I do that books data is correct for give information ?

[@manalitihade1395]

Thank you so much Sir 😊

[@jyotigohil285]

Thank you so much for this video

[@fcsdiveshgoyal564]

welome

[@pawankumar-pe7hj]

What is consequences for non filling dpt 3

[@sheikhdanish9203]

Best discussion on DPT-3👌

[@biswajitmishra1762]

Video was really informative.

[@fcsdiveshgoyal564]

Thank you so much.

[@ashwinilondhe1869]

Thanks sir

[@laundaupsa868]

Bhai video bhoot helpful hain even puri video watch krne se phale hee maan kr rha thaa video ko like kr du, video mei jo bhee questions puche Sare genuine hain aur answers bhee bhoot great hain. Mera eek suggestion hain ki next video same style mei banao but thoda se distance rakho sitting mei. Thank you

[@fcsdiveshgoyal564]

Ok Sure. We will try this.

[@nitisaraf5043]

Kindly explain the ageing of loan

[@fcsdiveshgoyal564]

You have to mention the figures in Ageing. according to their tenure.

[@TheGratitudeMan]

Great

[@laxmikantpawar3173]

Where to consider amount from NBFC

[@fcsdiveshgoyal564]

We have convered this question in our latest videos. Please go through that.

[@reemavishawakrma8873]

can be dpt 3 revise ?

[@VijaySharma-js5ul]

Very Informative Video Sir. Kudos to both of you. There is some doubt regarding the Breakup to be given in the DPT-3 like less than 1 year, one to 3 years and older than 3 years.

[@fcsdiveshgoyal564]

We will organize a webinar on the same soon. There we will cover these questions

[@VijaySharma-js5ul]

@@fcsdiveshgoyal564 waiting for the same......😊😊

[@kavitaprajapat4382]

How to report cash credit and overdraft facility in DPT 3? How to find opening, addition, repaid and closing balance?

[@fcsdiveshgoyal564]

You have to check such details from tally and accordingly outstanding needs to mention.

[@vaibhavchoudhary7856]

Where to disclose loan from a person who is neither director nor relative of the director?

[@fcsdiveshgoyal564]

Then this loan is deposit for the Company. It will reflect in Deposit Category.

[@chandangoyal3387]

loan from a partnership firm in which director is partner where to show in DPT 03

[@10Rubal]

In case of OPC , new V3 portal does not allow to file the eform DPT 3

[@fcsdiveshgoyal564]

Please raise the ticket and share the same with ICSI through mail also.

[@Sandeep.619]

Copy paste job

[@thaneshwarprasadsahu2451]

Sir, explain dpt3 ageing loan

[@fcsdiveshgoyal564]

Check my latest video for the same.

[@dhairyalakhwani8742]

Can form dpt-3 be revised ? On V3 portal

[@darshanprajapati6948]

If a company has no loan but there is a advances form the Customers. In this case we have to file DPT-3 ? because we have to mention advances received from the customers

[@fcsdiveshgoyal564]

Yes, even if there is advance from customer. still you need to file DPT-3

[@brijmohandhanuka2990]

I filed DPT 3 of a Pvt. Ltd. Co. on 13/07/2023 signed by a particular director. Now the said director signed DPT 3 of another Co. but while uploading the form on MCA Portal it is rejected stating that DSC is not registered with Din No on MCA portal. Now my query is that the said DSC is already registered as it has got accepted at MCA portal on 13/07/2023 and director is out of India. Please help me out in solving the problem.

[@fcsdiveshgoyal564]

This is technical issue of MCA site.

[@athirabgopal]

please clarify the difference between ''Any amount received as -(i) A loan or facility from any banking company; or' and "Any amount received as loan or financial assistance from -(iv) Scheduled Banks as defined in the Reserve Bank of India Act,1934 (2 of 1934).'

[@fcsdiveshgoyal564]

Schedule Banks are having list on RBI Site. They will cover in (iv). Other Bank and NBFC shall be cover in (i).

[@mohitjain4496]

Nice video sir Whether overdraft limit or cc limit is to be shown in dpt 3 If yes What is the amount shown in accepted during the year and repay during the year

[@fcsdiveshgoyal564]

Mohit Ji. I have answered this in the video. You need to show total utilized in addition and total payment in repaid.

[@muhammedadilk3784]

Is there any disallowability for prior period expense in 3 cd

[@TheMadhu03]

Great video. Love the idea of asking question answer video. Very Informative and useful as a practical guide. Looking forward to more such videos. I need a confirmation that A company have neither loans nor any deposits in the Company. Do the company still have to file return?

[@fcsdiveshgoyal564]

Thank you for your appreciation. In case there is no loan and advance in the Company. There is no need to file form with NIL.

[@TheMadhu03]

@@fcsdiveshgoyal564 Thank you for clarifying the query☺️

[@user-rs8lp1sg6b]

How to do Ageing of Loan also please explain the Same with Example. Whether we have to enter Amount or Years of Ageing in Ageing of Loan (in years) Column.

[@fcsdiveshgoyal564]

You have to enter the amount in ageing.

[@AmnovateTechnologiesOPCPvtLtd]

Hello Divesh, Thanks for the Q&A. As of 12th June 2023, the online DPT-3 form on MCA V3 Portal is disabling the "Net Worth" related fields if the radio button option for "Particulars of transactions by a company not considered as deposit as per rule 2(1)(c) of the Companies (Acceptance of Deposit) Rules, 2014" is selected. Is that their V3 Portal bug or that is the desired behaviour? I am worried that if I submit the form without Net Worth fields, then later MCA should not come back and impose a fine.

[@fcsdiveshgoyal564]

Its amendment in the form. No need to mention Net Worth Detail in the above mentioned situation.

[@patelparth6755]

Loan in form of OD CC then also we need to file DPT 3 and how to consider repayment and loan accept ??

[@zainabshahbuddin5341]

If company is incorporated in January 2022 and accepted money, whether it is required to file DPT-3 in year 2022 or not as its first FY will be closed on 31-03-2023

[@fcsdiveshgoyal564]

Yes for FY 2022 it was required to file DPT 3 in 2022. and for the FY ended on 31.03.2023 you need to file DPT 3 in June 2023.

[@komalthakkar9783]

@@fcsdiveshgoyal564 what if first financial year is getting closed on 31.03.2023 and not 31.03.2022?

[@Indiagrowthstory]

Loan from directors is outstanding on 1st April 22, paid off during the year. Loan Outstanding on 31st March 23 is Nil. Should DPT 3 to be filed?

[@fcsdiveshgoyal564]

As per Amended form, YES.

[@lalitjha1139]

Whether Section 8 Micro Finance Company is required to file DPT-3?

[@fcsdiveshgoyal564]

Yes. This Company required to file DPT-3.

[@myworld9237]

In case of exempted deposit(transactions fall under rule 2(1)(c), is there any requirement to attach any documents by way of attachment in form.

[@fcsdiveshgoyal564]

No. Need of any attachment in case of exempted deposit only.

[@reenaajmera732]

What is the treatment of interest on loan in which column it show other adjustment ya receivable

[@fcsdiveshgoyal564]

Show it in addition and mention whole amount outstanding as on 31 March.

[@ashokagarwal6780]

Not able to putt met worth figures In V3 portal DPT3 form does it mean networth figures need not be given in case of a company having exempted deposits only

[@fcsdiveshgoyal564]

Exactly. This is a new feature of DPT-3.

[@Livewithvyomandmohak]

How do we mention loan from shareholder in DPT-3 for private company.

[@JArandomVlogs]

any loan from Shareholder will be deposit if its not within the threshold limits as per the section

[@fcsdiveshgoyal564]

You have to mention it in share holder category.

[@fcsdiveshgoyal564]

Even if it is in limit. Still it is deposit But allowed deposit.

[@Livewithvyomandmohak]

@@fcsdiveshgoyal564 have we select the return of deposit button and filed with chartered accountant declaration as an attachment

[@bhavikader4159]

If my company is following calender Year as a Financial Year then what is my due date for filing DPT -3???

[@fcsdiveshgoyal564]

3 month from end of financial year.

[@user-tv4tq6ub8b]

Details of Declaration by Statutory Auditor in webform DPT-3 for exempted deposits are disabled. So how do we get the certification from statutory auditor

[@fcsdiveshgoyal564]

take certificate from auditor for safer side.

[@jainmann2223]

Can you please describe about advances from customer to be shown as on 31st March But how do we know that whether supply has been made in 365 days or not Do we need to forecast or management disclosure?

[@fcsdiveshgoyal564]

1. Take list of all advance in Book as on 31.March. 2. Then check the date of receipt of same. If it is within 365 then then exempted deposit if more than 365 days then its deposit

[@jainmann2223]

@@fcsdiveshgoyal564 advances in book as on which 31st opening or closing?

[@jainmann2223]

I am filling dpt 3 for 2022-23 So on which date such advance should be outstanding in my books 31/3/23 or 01/04/2022? For advance adjusted

[@fcsdiveshgoyal564]

@@jainmann2223 31.3.2023 you have to mention.

[@swathikumar8835]

In the help kit of DPT 3 , it is stated that stat auditor certification is required only for "Particular of deposits' and 'Particulars of liquid assets'. In my case there are only deposits which are not considered as Deposits. Request you to let me know whether certification is required for the same .

[@swathikumar8835]

Request ur comments on the same.

[@JArandomVlogs]

@@swathikumar8835 not required. the video is misleading. for exempted deposits, certification is not required. but however i can see in comments by DG himself that such certification is not required. so its fine.

[@swathikumar8835]

@@JArandomVlogs thank you so much

[@ashwanialawadhi86]

I am preparing DPT 3 from books how to verify data accuracy of books is correct. Pls guide

[@fcsdiveshgoyal564]

You can take certificate from auditor on the same.

[@aakashsurana3991]

AGEING ANALYSIS REQUIRED FOR ONLY OUTSTANDING LOAN AMOUNT? KINDLY GUIDE

[@fcsdiveshgoyal564]

Yes, Ageing shall be for Outstanding Loans.

[@aakashsurana3991]

Thank you Divesh ji

[@nanujaiswal]

If Loans or Facility from Multiple Banking Companies then what shall be the ageing of Loan?

[@subramanianramaswamy2270]

We were inserting previous years figures (deposit is not there) till last year - can we do the same in V3

[@fcsdiveshgoyal564]

mention to figures as per 01.4.2022 and 31.03.2022.

[@shefaleekanade9765]

Whether DPT 3 wolud be revised

[@fcsdiveshgoyal564]

There is no option to revise DPT-3

[@swativerma9726]

if as per the financial statement of private company , amount received from existing/previous director or relative of existing/previous director shown as unsecured loans then such amount is required to be disclosed ?

[@fcsdiveshgoyal564]

Yes in Loan from Relative of director or loan from relative.

[@dhruvitmandliya9]

Sir right now details of statutory auditor can not be mentioned as the fields for statutory auditorbis diabled in the form. And such can also be downoladed. So whether it can be filed without the dsc of auditor

[@fcsdiveshgoyal564]

According to my opinion. No.

[@anshikaarora2992]

Even I am facing the same issue. I am not able to fill the details of statutory auditors and declaration by director. Is it a MCA glitch??

[@fcsdiveshgoyal564]

@@anshikaarora2992 It seems like a glitch. But if you able to file the form then proceed for the same.

[@anshikaarora2992]

@@fcsdiveshgoyal564 Does that mean no CA certification required??? can we simply submit the form without CA Certification??

[@fcsdiveshgoyal564]

@@anshikaarora2992 Yes, go ahead and submit with CA Certification.

[@pankajpanchal7032]

Loan also include interest too ?

[@fcsdiveshgoyal564]

Yes, loan will also include interest.

[@akhileshpatidar6505]

Is two different form dpt-3 is required to be filed for exempt deposits(not be considered as deposit) and return of deposits

[@netravb2595]

Hi Guys... if there is no Unsecured loan from Directors as well as secured loan from Banks, is there a compulsion to file DPT-3? Kindly clarify

[@fcsdiveshgoyal564]

Yes, It is compulsory. If you are having any loan.

[@brindhalakshmis]

Sir whether dpt 3 which has been wrongly filed for the fy 22 23 has been revised how to rectify it can you provide guidance please sir

[@freediscussion89]

Ageing ka kaise kare for ex for financial year 2o22 1-3 years me kitne years ka amount ayega? 18-19, 19-20 aur 20-21 ka aayega? Aur 0-1 years me 2021-2022 ayega?

[@ahanaramchandani5404]

do chit fund companies need to file dpt-3?

[@fcsdiveshgoyal564]

According to me yes.

[@anmolkanchwani1707]

If at the beginning of year the outstanding amount is zero and at the end of year the outstanding amount of loan is zero. However loan was accepted and thereafter repaid during the year. Then in such case whether DPT-3 is required to be filed or not? As the outstanding amount as on end of the year is zero

[@fcsdiveshgoyal564]

According to the language of Rule 16. In such situation no need to mention such transaction in DPT-3.

[@JArandomVlogs]

you are required to disclose given the fact such information is being asked in the form. even if the year end balance is 0..

[@fcsdiveshgoyal564]

@@JArandomVlogs As per rule 16 only outstanding amount need to mention in DPT3

[@JArandomVlogs]

@@fcsdiveshgoyal564 True Agreed only outstanding amount needs to be mentioned. But the intention of the regulator appears to be other wise given the fact the other details like OPENING ADDITIONS REPAYMENTS ADJUSTMENTS CLOSING BALANCES are given. Hence even when the Closing balance is 0, but there have been Additions and Payments, such details needs to be captured and updated in the E-Form.

[@fcsdiveshgoyal564]

@@JArandomVlogs i agree. We can give maximum information.

[@MOG-MoodOfGoodness]

Hello Sir Could you please tell if co. Don't have any loan & advance shall it require to file DPT-3?

[@fcsdiveshgoyal564]

No need to file DPT-3 with NIL outstanding.

[@panktimodi8302]

This year we are not able to enter networth..is it not required in this form.

[@fcsdiveshgoyal564]

We will organize a webinar on the same soon. There we will cover these questions.

[@panktimodi8302]

Thank u sir. Since a week we r not able to file this form as statutory auditor and dsc attachment is not getting highlighted

[@bharathkumarsh2304]

Sir does Auditor certification is required even for previous year filing?? Ie for 2022

[@fcsdiveshgoyal564]

As of now, everyone has to file the form on V3. Every DPT 3 on MCA v3 asks for DSC from the Statutory Auditor.

[@rahulgarg5709]

Sir can company take loan from it's member and it covers in deposit or not. How will report in dpt-3, if company taken loan only from members

[@fcsdiveshgoyal564]

1. Loan from share holder allowed as per two exemption notifications. 2. Its allowed deposit 3. Need to report in deposit collum.

[@csvashu]

Dear sir. Maine two DPT-3 form Aaj hi generate pdf kiye he.kahi bhi kisi bhi professional ke DSC ki requirement nhi hui. Abhi uploaded pdf nhi kiya he.please help me Aisa kyu

[@fcsdiveshgoyal564]

Since 10 days it is not askng for DSC of auditor.

[@abhishekverma-dx7hr]

Sir in outstanding amount of loan interest will be include or only principal amount will be reported in ageing of loan please reply

[@fcsdiveshgoyal564]

Interest should include in outstanding amount.

[@abhishekverma-dx7hr]

@@fcsdiveshgoyal564 thank you very much sir

[@shambhavisingh8388]

Can we re-file it if wrongly filed and within how many days

[@fcsdiveshgoyal564]

Which Form?

[@shambhavisingh8388]

@@fcsdiveshgoyal564 dpt 3

[@AnandSumendraPandey]

Hey Sir! Thankyou for the informative video. There is one doubt with respect to DPT 3. If we have an opening balance of deposits amounting to INR 1 lakh but the closing balance is zero as on 31st March, still we need to file DPT- 3?

[@fcsdiveshgoyal564]

According to me not mandatory to mention the same. But if you mention the same as extra information. its not wrong.

[@AnandSumendraPandey]

@@fcsdiveshgoyal564 Thankyou Sir for the quick assitance.

[@KomalSharma-vr6wv]

Sir mera ek qus hai in case last FY 21-22 Mai dpt -3 file ni hua hai and loan is more than 3 year old or abhi file karna hai to financial Mai loan unsecured loan last FY m Gaya hai please bataiye ki is bar kaha ham ese show kare jisse koi consequences of non filing last year dpt-3 na aye ( loan from director only and last 2 yrs m company m koi Kam ni hua hai) . Kya esa koi option hai jaha ham figures kahi or punch karke dikha de dpt-3 m but financial m change na ho ya ap bta sakte hai agar option nahi h to last FY ka dpt -3 ab file karne ke kya kya consequences ho sakte hai

[@hemantluthra4769]

Thanks Madam and Sir for such a wonderful video. It clarifies mostly all the questions regarding DPT3. Please I need one more clarification, incase of zero outstanding as on 31st March 23, there is no requirement to file DPT. But as discussed and advised, there are some changes in DPT3 form from this year. There is one more requirement to reflect the movement during the year. Suppose there was an outstanding amount as on 1st APR 22, which was repaid during FY 22-23 and outstanding as on 31st March 23 was nil. Now how should we proceed as there is a movement during the year but outstanding is nil. Should we file or not to file the form. Thanks for your support 🙏🏻

[@fcsdiveshgoyal564]

Acco to my view. If at the end of the year i.e. 31.03.2023 it is NIL. Then no need to file the form. As Act is stating that, Outstanding Loan and Advances.

[@panktimodi8302]

Can we revise dpt3 form

[@fcsdiveshgoyal564]

@@panktimodi8302 We will organize a webinar on the same soon. There we will cover these questions.

[@JArandomVlogs]

i think you are required to show the details even if the year end balance is NIL. because there has been a movement of transaction amount and it needs to be shown prudently. you cannot just say that there is NIL balance at the year end and not file the return especially when there are transactions during the year.

[@parassharma3170]

​@@fcsdiveshgoyal564 Hi divesh, Can you please share your view on this point.

[@athirabgopal]

Bank overdraft can be included under which category?

[@fcsdiveshgoyal564]

Loan from Bank. upto the amount used by Company.

[@athirabgopal]

@@fcsdiveshgoyal564 as per today's webinar it was said to show adjustments rather than just opening and closing figure. We need to do like that?

[@reshma_97]

Sir ii case the company has taken loan from llp....shall it be considered as exempted deposit

[@fcsdiveshgoyal564]

But if LLP is not your shareholder.Then such loan shall be consider as non compliance.