HUF'S ISSUE

This discussion clarifies that a Hindu Undivided Family (HUF) continues even if the Karta passes away. The eldest coparcener automatically becomes the new Karta, and the HUF's name remains the same. Key steps include updating the PAN card, informing the Income Tax Department with a new deed and death certificate, and updating bank signatories. The new Karta signs tax filings as the 'representative assessee'.