07 October 2019
If there r 2 partners in a partnership firm and, one partner died on 30.09.2018 and on 01.10.2018 two new partners join the firm, then: 1. wht changes should be made in partnership dead, weather I hv to go with new partnership dead or supplementary dead is sufficient? 2. should I continue the firm with same PAN or I hv to apply new one? 3. should I prepare financial statements separately, for the purpose of audit? 4. whts will be the impact on income tax return filing?
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