Inter company loans for DPT 3
likith nsvm (34 Points)
04 July 20192.Will loan from Associate companies count as deposits ?
likith nsvm (34 Points)
04 July 2019
CA Mayur Todmal
(Practicing CA)
(7751 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)
(7751 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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