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One partner death
Sir if one partner dies in a partnership firm then what should be done in GST (add new partners or close the firm or transfer the capital of that firm to another firm please
Replies (2)
Quick Summary
Depends on the partnership agreement.
Mostly there is a clause in case of death of partner. The most practical solution will be to add a partner and continue with the same registration rather than opening the new firm and doing everything all over again. But this is subject to partnership agreement.
Plz some suggestion for this matter
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