Due date for filing form DPT-3 extended for the FY 2022-23

MCA Extends Form DPT-3 Filing Deadline, Saving Companies from Additional Fees

dpt 3 due date for fy 2022-23

The Ministry of Corporate Affairs (MCA) has recently announced a significant development regarding the filing of Form DPT-3 (Return of deposits). In light of the transition from Version-2 to Version-3 of the MCA-21 Portal, companies now have an extended deadline to submit their Form DPT-3 without incurring additional fees. This move aims to provide businesses with ample time to adapt to the new portal and fulfill their compliance obligations seamlessly. Let's delve into the details.

By extending the deadline, the MCA aims to facilitate a smooth transition for businesses, allowing them to familiarize themselves with the updated system and avoid any undue rush or confusion.

Existing deadline for filing DPT-3 was 30th June 2023,  new Deadline is 31st July 2023

In a welcome relief to businesses, the MCA vide General Circular no.06/2023 dated 21st June 2023 has granted an extension for filing Form DPT-3 for the financial year ending 31st March 2023. The original due date was set for 30th June 2023, but now companies can take advantage of the extended deadline until 31st July 2023. This gives organizations an additional month to complete the filing process without incurring any additional fees. However as wording of the circular is like waiver of late fees after 30th June, so one may opine it is not blanket extension. If one file DPT-3 after 30th June it may attract other non-compliances except late fees.

The MCA's decision to extend the deadline for Form DPT-3 filing is a positive step towards easing compliance burdens on companies during the transition to Version-3 of the MCA-21 Portal. By granting an additional month without imposing additional fees, businesses now have an opportunity to adapt to the new system while fulfilling their statutory obligations effectively. It is crucial for companies to take advantage of this extension, ensuring a seamless transition and maintaining their commitment to regulatory compliance.


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