URGENT

209 views 9 replies
My Uncle passed away few days back.
He was running a Sole Proprietorship Business.
So, now after his demise, we want to continue the business under my aunt's name

I want to know:

1. How can we transfer the business under my aunt's name, so that the NAME of the FIRM doesn't change.?

2. Since, GSTIN is a PAN based
number if we transfer the business under my aunt's name as a resultant our GSTIN will also change?

Seeking for your response. Since it is quite urgent

Thanks and regards
Mayank Oberoi
Replies (9)
As a legal representative she can continue business

NAME OF THE FIRM WILL NOT CHANGE SINCE IT IS A PROPRIETORSHIP COMPANY AND THAT YOUR AUNT IS LEGAL REPRESENTATIVE OF THE FIRM

thankyou so much Sir for your replies...
just one more thing

will GSTIN change?
Take a fresh gst no in ur aunt name and keep trade name same
Sir,
After taking fresh GST No., how can we avail ITC for the purchases made on old GST No.?
Make sale bill to new firm
can I have same principal place of business under new gst no without cancellation of old gst no?

OR

Do i first have to cancel old gst no and then get new gst no?
First u hv to cancel ur gst no.... If address is floor wise... Then u can add different floor
Ur aunt can run business in that name as legal heir


CCI Pro

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