1.Will loan taken by holding company from subsidiary company count as deposits for filing DPT 3 return ?
2.Will loan from Associate companies count as deposits ?
1. no
2. no
both are exempt deposits and need to be reported in DPT3
likith nsvm (34 Points)
04 July 2019
CA Mayur Todmal
(Practicing CA)
(7645 Points)
Replied 04 July 2019
1. no
2. no
both are exempt deposits and need to be reported in DPT3
CA Mayur Todmal
(Practicing CA)
(7645 Points)
Replied 05 July 2019
yes, DPT 3 has 4 options
1. onetime
2. exempt deposit
3. return of deposit
4. exempt as well as return of deposit
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