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Auditor certificate for DPT 3

Others 421 views 2 replies

Is Auditor certificate compulsory for filing DPT 3?? Is current account of shareholders treated as deposit? The balance sheet is mentioning under the loans (liability) current account of the shareholders, Is this treated as loans or deposit or as current liabilities. 

 

Please reply at the earliest,it is urgent

Thanking you in advance

 

 

 

Replies (2)
Yes it's required and mandatory part
Auditor certificate is compulsory when company take loan from share holder.
In your case loan( liability) current account of share holder consider as deposit from member and auditor certificate required.
if your share holder is also director, then shows such loan as loan from director and relative, no certificate required.


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