Auditor Certificate in DPT 3

[Deepak Singhal]

Hi,

can anyone share me the Auditor certificate draft required to be attach in DPT 3

--

Thanks & Regards
CS Deepak Singhal
Deepak Singhal & Associates
(Company Secretaries)

Office No.310, H block, Sushant Arcade, Sushant Lok Phase – 1,
Gurugram – 122 002 (Haryana) 

Landmark: Near at HUDA City Metro Station
 

Contact Details: 9992693555

    Please consider the environment before printing this e-mail 

[Pcs_sandip Lathiya]

Yes 

I will

--
--
************************************************
Mail your comments, feedback and suggestions on CSMysore to Moderator: datta...@gmail.com and Manager: vivekhe...@gmail.com
---
You received this message because you are subscribed to the Google Groups "CSMysore" group.
To unsubscribe from this group and stop receiving emails from it, send an email to csmysore+u...@googlegroups.com.
For more options, visit https://groups.google.com/d/optout.

[Govinda Patil]

Sir

Good Morning

Why do you want to encroach upon auditors domain.

It is for auditors to draft the  certificate following guidelines from ICAI

They have been issuing this certificate  since   1975.

Request them to provide the certificate

[CS_SrikanthReddyKolli]

Auditor Certificate is mandatory as we are submitting the details from the audited financial statements only and moreover DPT-3 form check form cleared without any auditor certificate being attached to it?

[Raju K]

I tried filling up the form with some dummy entries. Without the Auditor's Certificate the "Check Form" was successful. This means the Certificate is not mandatory. Perhaps it is, for the regular DPT 3 filing. It certainly looks lioke it is not mandatory for the one time filing, though personally I feel it is not correct. 

Rajagopal

[Shrinath Bhat]

I feel it is not Mandatory as we are filing unaudited details as on 31.03.2019. 

Thanks & Regards

Shrinath Bhat

B.Com, LL.B, CS

8971408308

[Govinda Patil]

I am of the view, whether  check form is successful or not, please insist on auditors certificate  because figures and contents will get double checked.Any interpretation  issues get sorted out   before auditor gives his report on  CARO  at the time of signing  financials.

Govinda K Patil

Practising Company Secretary

B-2/1, Kailash Housing Society

Shastrinagar,Kothrud

Pune  411029

Cell: 9823231660

On Thu, May 2, 2019 at 9:47 AM Raju K <raju...@gmail.com> wrote:

You received this message because you are subscribed to a topic in the Google Groups "CSMysore" group.
To unsubscribe from this topic, visit https://groups.google.com/d/topic/csmysore/Q07NQjb251c/unsubscribe.
To unsubscribe from this group and all its topics, send an email to csmysore+u...@googlegroups.com.

[Govinda Patil]

What if figures change  during audit ?Whose responsibility it is ? Of course there is no DSC of PCS on  DPT 3  . It may lead to unncessary    tussle between auditors and CS and the company

Govinda K Patil

Practising Company Secretary

B-2/1, Kailash Housing Society

Shastrinagar,Kothrud

Pune  411029

Cell: 9823231660

You received this message because you are subscribed to a topic in the Google Groups "CSMysore" group.
To unsubscribe from this topic, visit https://groups.google.com/d/topic/csmysore/Q07NQjb251c/unsubscribe.
To unsubscribe from this group and all its topics, send an email to csmysore+u...@googlegroups.com.

[Sachin Verma]

Yes

I also tried by taking dummy figures

First I have tried one time - checkform was successful

secondly I have tried Return of deposit- Mandatory List of depositors only

[CS_SrikanthReddyKolli]

Hi

For the one time return, the figures should be taken only from the latest audited financials and not unaudited financials and so the figures from 31.03.2018 shall be considered. Pls correct me on this

[LALANA KINI]

Dear Members,

As per my knowledge net worth will be as per latest audited balance sheet & total amount of outstanding money will be as on 31st March 2019 

Regards

Lalana

[Ramachandran V]

Auditors Certificate is not mandatory. If you see Rule 16 specifies auditors certificate not Rule 16A under which this exempted deposits DPT-3 return is to be filed. DPT-3 under Rule 16 is the return on deposits, which is much more serious return than this one. This DPT3 is only asking for total outstanding amount, not even the break even - category wise or party wise. 

--
--
************************************************
Mail your comments, feedback and suggestions on CSMysore to Moderator: datta...@gmail.com and Manager: vivekhe...@gmail.com
---
You received this message because you are subscribed to the Google Groups "CSMysore" group.
To unsubscribe from this group and stop receiving emails from it, send an email to csmysore+u...@googlegroups.com.
For more options, visit https://groups.google.com/d/optout.

--

V. Ramachandran

V.R. Associates

Company Secretaries

https://vramonline.wordpress.com/

[Shrinath Bhat]

As per the Notification, the data should be as on 31.03.2019.

Thanks & Regards

Shrinath Bhat

B.Com, LL.B, CS

8971408308

On Thu, May 2, 2019 at 10:57 AM CS_SrikanthReddyKolli <srikanthr...@gmail.com> wrote:

[csvij...@gmail.com]

DPT-3 filing. - conflict

general circular dated 12.04.2019 allowed to file DPT-3 within 30 days i.e. by 30.05.2019 from the date of deployment on portal.

and 

Amended deposits rule 16A(3) dated 30.04.2019 says to file with in 90 days form the 31 march 2019 (by 29.06.2019).

??

[Prakash Nagarajan]

Greetings Ji

Since amendment is made to a existing rule which is later to the circular then it should sustain the circular. So I think that due date is 29th June.

Regards

CS Prakash Nagarajan

+91 8248 597386

+91 99766 77277

 

DONATE ORGANS & SAVE LIVES. I AM A REGISTERED ORGAN DONOR.

 

Office:

 

Practicing Company Secretary

101-A, Ambience Avenue, 8-3-981/82, Srinagar Colony Main Road, 

Hyderabad - 500 073. Off: 040-2374 3975, 2374 4448, 

prakashna...@outlook.com

[CS PUJA MOHAN]

Are two forms to be filed:

1. Onetime return

and

2. Regular return

Regards,

Puja Mohan,

FCS: 8630

[Ekta Saxena]

As per my understanding

DPT 3

1. One time return is required to file from 01.04.2014 to 31.03.2019 for outstanding receipt of money or loan not considered as deposits    -   till 29.06.2019

2. Yearly return is required to file for deposits accepted or for money or loan not considered as deposits - till 30.06.2019

Details of latest audited figures are required in form, that means audit if not done till june,19, then figures from the balance sheet of 31.03.2018 will be taken?

MSME 1

1. One time return is required to be filed by all companies who get supplies from Micro & Small Enterprise and whose payment exceeds 45 days as on 22.01.2019 - till 30.05.2019

2. Half yearly return (i.e. from 22.01.2019 to 31.03.2019)  to be filed by all companies who get supplies from Micro & Small Enterprise and whose payment exceeds 45 days  - till 30.05.2019.

And after filing this half yearly return, it will be file from April to October till 31st Oct and for Oct to March till 30th April.

Please correct me if i am wrong.

[Prakash Nagarajan]

All these days the same DPT-3 form was there, how did these companies file that time ? Why is Auditor Certificate spoken a big issue now ? Was there an misunderstanding till date ?

Please don't construe the above as my view but its my understanding ! I am here after reading the provisions for 4 hours of time. I am now just starting an discussion here.  I can surely substantiate what i have understood ! If i am wrong I can learn right from discussion with hearty thanks.

Regards

CS Prakash Nagarajan

+91 8248 597386

+91 99766 77277

 

DONATE ORGANS & SAVE LIVES. I AM A REGISTERED ORGAN DONOR.

 

Office:

 

Practicing Company Secretary

101-A, Ambience Avenue, 8-3-981/82, Srinagar Colony Main Road, 

Hyderabad - 500 073. Off: 040-2374 3975, 2374 4448, 

prakashna...@outlook.com

[csvij...@gmail.com]

Dear Prakash Sir

I do agree it should be 29th june for one time return form DPT-3, but the same time period as directed through circular i.e. 30 days from deployment is mentioned in the help kit of the form 

DPT-3.

  

On Wednesday, May 1, 2019 at 4:50:49 PM UTC+5:30, Deepak Singhal wrote:

[Prakash Nagarajan]

Point 1 of your query:

One time return is required to file from 01.04.2014 to 31.03.2019 for outstanding receipt of money or loan not considered as deposits    -   till 29.06.2019 

My view: No madam. It is as on 31st of March 2019.

Refer to Companies Deposit Second amendment rules read with R 16A of Deposit Rules.

Point 2 of your query:  

Yearly return is required to file for deposits accepted or for money or loan not considered as deposits - till 30.06.2019 

My view: No madam. It is as on 31st of March 2019. 

Refer to R 16 of Deposit Rules

Every company to which these rules apply, shall on or before the 30th day of June, of every year, file with the Registrar, a return in Form DPT-3 along with the fee as provided in Companies (Registration Offices and Fees) Rules, 2014 and furnish the information contained therein as on the 31st day of March of that year duly audited by the auditor of the company.  

Point 3 of your query:    

Details of latest audited figures are required in form, that means audit if not done till june,19, then figures from the balance sheet of 31.03.2018 will be taken? 

Refer to R 16 of Deposit Rules - Given above

Every company to which these rules apply, shall on or before the 30th day of June, of every year, file with the Registrar, a return in Form DPT-3 along with the fee as provided in Companies (Registration Offices and Fees) Rules, 2014 and furnish the information contained therein as on the 31st day of March of that year duly audited by the auditor of the company.  

Highlighted lines clearly indicate that the 31st day of March of "that year" .  That year means the year in which you file DPT-3. So it is 31-03-2019 & not 31-03-2018.

Am i clear in my understanding Ekta Ji. Is my interpretation convincing ?

 

Regards

CS Prakash Nagarajan

+91 8248 597386

+91 99766 77277

 

DONATE ORGANS & SAVE LIVES. I AM A REGISTERED ORGAN DONOR.

 

Office:

 

Practicing Company Secretary

101-A, Ambience Avenue, 8-3-981/82, Srinagar Colony Main Road, 

Hyderabad - 500 073. Off: 040-2374 3975, 2374 4448, 

prakashna...@outlook.com

[Ekta Saxena]

Thanks Prakash Ji

One thing more do we need to file 2 DPT 3?

[Ekta Saxena]

Prakash Ji

Point 1 of your query:

One time return is required to file from 01.04.2014 to 31.03.2019 for outstanding receipt of money or loan not considered as deposits    -   till 29.06.2019 

My view: No madam. It is as on 31st of March 2019.

Refer to Companies Deposit Second amendment rules read with R 16A of Deposit Rules.

It should be from 01.04.2014 to 31.03.2019, as only 'date of publication of this notification' words  are substituted in the second amendment rules with 31.03.2019. 

Point 2 of your query:  

Yearly return is required to file for deposits accepted or for money or loan not considered as deposits - till 30.06.2019 

My view: No madam. It is as on 31st of March 2019. 

I mean yearly return is to be filed every year as on 31st March.

Refer to R 16 of Deposit Rules

Every company to which these rules apply, shall on or before the 30th day of June, of every year, file with the Registrar, a return in Form DPT-3 along with the fee as provided in Companies (Registration Offices and Fees) Rules, 2014 and furnish the information contained therein as on the 31st day of March of that year duly audited by the auditor of the company.  

Point 3 of your query:    

Details of latest audited figures are required in form, that means audit if not done till june,19, then figures from the balance sheet of 31.03.2018 will be taken? 

Refer to R 16 of Deposit Rules - Given above

Every company to which these rules apply, shall on or before the 30th day of June, of every year, file with the Registrar, a return in Form DPT-3 along with the fee as provided in Companies (Registration Offices and Fees) Rules, 2014 and furnish the information contained therein as on the 31st day of March of that year duly audited by the auditor of the company.  

Highlighted lines clearly indicate that the 31st day of March of "that year" .  That year means the year in which you file DPT-3. So it is 31-03-2019 & not 31-03-2018.

Fully Agreed with Point No. 3

Thanks

[Prakash Nagarajan]

Madam Ji

I think there is a little confusion form my part in conveying properly.

As on 31st March 2019 means - Balances as on 31st March, 2019.

Further, There are two aspects here: 

One is what is the cut off date in which we are going to report - 31-03-2019

Other one is - Date of filing of return - 29-06-2019

The notification pertains only to R16A - So the last day for furnishing One time DPT-3 is 29-06-2019. Link of notification Companies Deposit Rules Second Amendment, 2019

& 

for normal R16 transactions it is 30-06-2019 (Specified in the Rule itself). No amendments are made to that due date. Refer R16 "16 Return of Deposits to be Filed With the Registrar.

Every company to which these rules apply, shall on or before the 30th day of June, of every year, file with the Registrar, a return in Form DPT-3 along with the fee as provided in Companies (Registration Offices and Fees) Rules, 2014 and furnish the information contained therein as on the 31st day of March of that year duly audited by the auditor of the company.

Am I right Ji ?

Regards

CS Prakash Nagarajan

+91 8248 597386

+91 99766 77277

 

DONATE ORGANS & SAVE LIVES. I AM A REGISTERED ORGAN DONOR.

 

Office:

 

Practicing Company Secretary

101-A, Ambience Avenue, 8-3-981/82, Srinagar Colony Main Road, 

Hyderabad - 500 073. Off: 040-2374 3975, 2374 4448, 

prakashna...@outlook.com

[srikanthreddykolli]

sir

what if not audited for 31 March, 2019?

With Regards

Srikanth Reddy Kolli

Company Secretary

+91 9618144661

You received this message because you are subscribed to a topic in the Google Groups "CSMysore" group.
To unsubscribe from this topic, visit https://groups.google.com/d/topic/csmysore/Q07NQjb251c/unsubscribe.
To unsubscribe from this group and all its topics, send an email to csmysore+u...@googlegroups.com.

[Prakash Nagarajan]

Dear Sir

Audited means the information furnished in the DPT-3 form should be audited & not the financial statements.

Regards

CS Prakash Nagarajan

+91 8248 597386

+91 99766 77277

 

DONATE ORGANS & SAVE LIVES. I AM A REGISTERED ORGAN DONOR.

 

Office:

 

Practicing Company Secretary

101-A, Ambience Avenue, 8-3-981/82, Srinagar Colony Main Road, 

Hyderabad - 500 073. Off: 040-2374 3975, 2374 4448, 

prakashna...@outlook.com

[Govinda Patil]

Auditors   can mention in their certificate that    based on the books of accounts and provisional unaudited  financial statements in their  audit certificate

Govinda K Patil

Practising Company Secretary

B-2/1, Kailash Housing Society

Shastrinagar,Kothrud

Pune  411029

Cell: 9823231660

[Pankaj CS]

One time DPT-3 (from 2014 to 2019) is to filed within 30 days of deployment. Kindly refer the circular here: http://mca.gov.in/Ministry/pdf/CircularDPT-3Form_12042019.pdf