RETURN OF DEPOSIT

 According to Rule 16 of the Companies (Acceptance of Deposits) Rules, 2014, every company to which this rule apply shall have to file a return in form DPT 3 within 90 days of closure of the financial year. So the last date of filing that return is June 30, 2021 for the financial year 2020-21.

Last year, the due date was extended because of Pandemic CORONA

DPT 3 (return of deposit) is also intended to file the details of financial transactions which are not considered as deposit which is to be necessarily filed by every company, other than Government Company. The purpose of this form is to provide data to the Registrar of Companies about the loan or money received by the Company from financial institutions, its directors, customers, relatives of directors share application money etc.