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Setting DPT-3 try recommended below Rule 16 and you will Signal 16A of your Enterprises (Invited of Deposits) Laws and regulations, 2014, comprehend with Sections 73 to 76 of one’s Companies Act, 2013. ParticularsExposureBase Penalty to own Later Submitting₹5,000Continuing Default₹500 for every daySerious Put Violations below Area 73Penalty as much as ₹step 1 Crore or dos× Put Amount (at the mercy of legal restrictions) or any other effects under the Enterprises Act Function DPT-3 processing isn’t just a compliance formality but an important device to make sure financial discipline, visibility, and regulating adherence. Non-compliancePenalty/ConsequencesLate or low-processing from DPT-3₹5,one hundred thousand, ₹500/time till standard (Area 76A)Recognizing deposits rather than compliance₹step one crore or double put amount (Point 73/74)Default from the officials inside the chargeFine up to ₹5 lakh, you’ll be able to imprisonmentWrong class causing non-disclosureROC notices and punishment IssueCauseResolution/GuidanceDeposits found in the DPT-3 however within the auditTiming differences, post-filing repaymentsDocument and explain inside the reconciliation notesInterest maybe not coordinating tax review figuresDifferent accrual policiesAlign that have auditor, update provision if the feasible before review completionLoans classified because the exempt borrowings wronglyMisinterpretation from rulesRefer so you can MCA circulars and confirm having Ca certificateShare application money delaysPending allotment beyond 60 daysTreat as the deposit and you may reveal AspectDPT-3Tax Audit Term 31Financial StatementsKey FocusLoan AmountsProvisional a good deposits and you may borrowingsDisclosure of finance/places and you will complianceFinal audited balancesReconciliation to possess mismatchesInterestAccrued interest includedInterest payable to your deposits/money reportedAccrued attention according to latest auditMatching accumulated interestClassificationDeposits vs Excused BorrowingsCorrect classificationFinal classification in the FSConsistency expected

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