Deposit for DPT 3

287 views
User Avatar

36 Points Posted on 29 August 2020
Loan received from friends of Directors. Is that a deposit or trnasaction not considered as deposit for the purpose of DPT 3
0 Reply Share Follow
On 29 August 2020 at 23:50 Report
Replies (2)
Quick Summary
This discussion explores whether loans received from friends of directors should be classified as a deposit for the purpose of DPT 3 filing. While it might not be a traditional deposit, it likely requires disclosure. The conversation also touches upon loans from relatives of directors in private companies, noting that a declaration of the funds being their own money is important.

User Avatar

223 Points Posted on 30 August 2020
I think it is not deposit but it has to be disclosed at relevant place in the form DPT 3
Reply
On 30 August 2020 at 08:29
User Avatar

372 Points Posted on 15 May 2021
In case of pvt. co. loan from Relative of directors .the relative give declaration that they give his own money not borrowed from anyone it shall come under deposit
Reply
On 15 May 2021 at 13:46

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. GST Reconciliation Tool (2A vs Books) - looking fo
  2. TDS ON PF FORM 19 WITHDRAWAL
  3. Can a virtual office in Mumbai be used for company
  4. Eway and e invoicing in condition where 4 party ar
  5. Bank balance in ITR-3
  6. INCLUDING PROFITS FROM REIT / INVIT IN SHARE TRADI
  7. Tempsens Instruments IPO GMP Allotment Listing dat
  8. Upload Type - Correction. Not showing in TDS filli
  9. Partnership tax audit query
  10. ERROR SHOWING PARTNER REMUNERATION ITR 3 TIME OF V

More recent discussions | Post

Related Topics :

Loading