banner_ad

DPT-3 NIL Return

Others 499 views 10 replies
Can you please anyone clarify my doubt regarding DPT-3
For this FY-2020-2021 we no need to file DPT-3 for NIL balance in borrowing for all companies is it correct???
Replies (10)
If there is NIL return then there is no requirement for filing DPT 3 nil

NIL DPT-3 is not required to file as per 
Rule 16.

Nil return not required to file

Borrowings from the bank shall be treated as a deposit if the same gets Covered under Rule 2(1)(c) and it has to be disclosed in DPT-3. The Company has to File DPT-3 unless the Ministry of Corporate Affairs reflects that the Company has been struck off.

Borrowing from any one if having in books as on 31 march need to show in DPT-3

Nil Return for DPT-3 is not required be filed

Rule 16 is very specific that, only details of outstanding borrowing needs to mention. If there is no outstanding then no needs to file this form.

NIL DPT-3 is not required to file
Does unsecured loan from directors is also considered as deposit?

On the question of whether a NIL DPT-3 return is mandatory:

If you have NOTHING outstanding ,  no director loans, no inter-company loans, no shareholder loans, no customer advances ,  as on March 31, 2026, then technically no DPT-3 filing is required. The form is only triggered by outstanding amounts.

However, MCA practice has evolved: most CAs now recommend filing a NIL DPT-3 as a precaution, even when nothing is outstanding. Reasons:
- It creates a clean compliance record (useful during due diligence for fundraising or acquisitions)
- It protects against future scrutiny if a transaction was accidentally classified incorrectly
- The cost and effort is minimal compared to the risk

If you DO have ANY outstanding amounts ,  director loan with declaration, promoter loan, advances from related parties ,  DPT-3 filing is mandatory by June 30, 2026.

Penalty for non-filing: Additional fees under Rule 21 of the Deposit Rules, plus Section 76 prosecution in serious cases.

This ROC annual compliance checklist (https://taxgarden.in/blog/roc-annual-compliance-private-limited-company-india) covers DPT-3 and all other mandatory annual MCA filings with their due dates.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details
Company
14 May 2026
Senior Accounts Executive

Karan Gupta & Co.

New Delhi

Graduate (Any)

View Details
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
ARTICLESHIP 15 May 2026
Audit Assistant / Article Trainee / Intern

SSGS and Associates

Chennai

CA Inter

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details