Auditor certificate for DPT 3

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19 Points Posted on 24 August 2021

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

 

 

 

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On 24 August 2021 at 19:45 Report
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This discussion clarifies the requirement for an auditor certificate when filing DPT 3. It confirms that an auditor certificate is mandatory if a company takes loans from shareholders, as these are considered deposits from members. However, if the shareholder is also a director, the loan should be disclosed as a loan from a director and relative, in which case a certificate is not needed.

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35 Points Posted on 24 August 2021
Yes it's required and mandatory part
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On 24 August 2021 at 23:15
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32 Points Posted on 26 August 2021
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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On 26 August 2021 at 15:41

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