In this editorial author going to discuss about requirement of auditor certificate for filing of e-form DPT-3. Like Whether auditor certificate mandatory for all the DPT-3, if not then what are the situations when certificate from auditor required for DPT-3?
Point of Editorial
Is Chartered Accountant Certificate required for e-form DPT-3?
This is a very crucial question in respect of DPT-3 as nowhere in Section 73 or Rule 16, it has been mentioned about the Certificate of Auditor but in many cases ROC's ask for a certificate from the Statutory Auditor of the Company.
Solution of this questions is mentioned in Help Kit of e-form DPT-3. As per instruction kit of DPT-3.
Auditor's certificate: Mandatory if purpose 'Return of Deposit' or 'Return of Deposit and Particulars of transactions by a company not considered as deposit' is selected.
Therefore, one can opine that if company having deposit and select remote button no 2 or remote button no. 4 then it is mandatory to attach certificate from Auditor.
Example: If Company receive loan from shareholder in such case Company is required to attach certificate from auditor in e-form DPT-3