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Issues in case of death of a partner in a partnership firm

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(Querist)
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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Aashok Kumar Sharma online

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Aashok Kumar Sharma online (Expert)
26 May 2020 You just have to prepare New Partnership Deed
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