Whether it is necessary to fill DPT 3 in case of loan taken from directors
Replies (2)
Quick Summary
This discussion clarifies the requirement to file DPT 3 for loans taken from directors, as mandated by Rule 16 of the Companies Rules 2014. It also confirms that even exempted deposits, as defined under rule 2(1)(c), must be reported if outstanding as of March 31st. It's always advisable to consult with your Chartered Accountant for definitive guidance.