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DPT3

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This discussion clarifies which year's balance to use for the 'free reserves' column in DPT 3. The rule states that you should use the figure from your latest audited financial statements. Therefore, if your FY 2019-20 financials are audited, use the 2020 balance; otherwise, use the 2019 balance.

R S Sai Kumar

R S Sai Kumar (Querist)
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29 September 2020 In DPT 3 we have to fill up free reserves column, is this free reserve amount should be that of previous year 2019 balance or current year 2020 balance, please tell me.

R S Sai Kumar

Pratik Shah

Pratik Shah (Expert)
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01 October 2020 As per rule, the free reserve details should be as per latest Audited Financials. So, if your Financials for FY 2019-20 is audited, then it should be 2020 else 2019. I hope this helps

R S Sai Kumar

R S Sai Kumar (Querist)
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01 October 2020 Thank you very much Mr Pratik Shah.

R S Sai Kumar

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