Wintrust Solutions | GST, Income Tax &TDS Compliance Experts in Coimbatore

Every year, millions of Indians make the wrong choice between the New and Old Tax Regime — and overpay lakhs in income tax without realising it. At Wintrust Solutions, Coimbatore, we've helped hundreds of clients calculate their exact savings under both regimes. This guide will show you exactly which one works better for YOUR situation. First — What Changed in 2025-26? The Union Budget 2025 made the New Tax Regime even more attractive with a major announcement: Zero income tax on income up to ₹12 lakhs under the New Regime through a full rebate under Section 87A. This single change shifted the equation dramatically for millions of salaried employees and small business owners across India — including in Coimbatore. But does that mean everyone should switch to the New Regime? Absolutely not. The answer depends entirely on your income level, your investments, and your financial commitments. What Is the Old Tax Regime? The Old Tax Regime is the traditional income tax...

  You started selling on Meesho, Amazon, or Flipkart from home. Orders are coming in. Money is flowing. Business feels good. Then one day you get a GST notice — or worse, your seller account gets suspended because of a GST compliance issue you never knew existed. This is happening to thousands of online sellers across Tamil Nadu right now. If you sell online and have not sorted your GST, this guide is for you. The Big Myth — "My Sales Are Low, I Don't Need GST" This is the most dangerous assumption online sellers make. For regular businesses, GST registration is mandatory only when turnover crosses ₹40 lakhs (goods) or ₹20 lakhs (services). But for e-commerce sellers , this threshold does NOT apply. Under Section 24 of the CGST Act, anyone selling goods or services through an e-commerce operator like Amazon, Flipkart, Meesho, Myntra, or Swiggy is required to register for GST regardless of their turnover. Even if you sold just ₹50,000 worth of products on Meesh...

You filed your GST returns correctly. You paid your taxes on time. You did everything right. And yet — a GST notice arrived at your door because of someone else's mistake. This is one of the most frustrating situations a business owner in Coimbatore can face. At Wintrust Solutions, we handle exactly this situation every week. Here is everything you need to know. How Does Someone Else's GST Mistake Become Your Problem? Under India's GST system, your Input Tax Credit — the tax you paid on your purchases — is only valid if your supplier has also filed their returns correctly and deposited the tax with the government. This is called the GSTR-2B matching system. Here is how it works: Your supplier sells you goods worth ₹1,00,000 and charges 18% GST — that is ₹18,000. You pay this ₹18,000 to your supplier as part of the invoice. You then claim this ₹18,000 as Input Tax Credit in your GSTR-3B filing, reducing your own GST liability. Now here is where the problem begi...

Every month, thousands of people in Coimbatore lose money they didn't have to. Not to fraud. Not to bad investments. But to excess TDS — Tax Deducted at Source — that they never claimed back. This complete guide from Wintrust Solutions will help you understand TDS fully and make sure you never overpay again. What Is TDS? (Simple Explanation) TDS stands for Tax Deducted at Source . It is a system introduced by the Government of India where tax is deducted directly from your income — before the money reaches your hands. Think of it this way: Your employer pays you ₹50,000 per month. But before crediting your account, they deduct ₹3,000 as TDS and deposit it with the Income Tax Department. You receive ₹47,000. That ₹3,000 is your TDS. The same applies to: Bank interest on Fixed Deposits Rent received above ₹50,000 per month Professional fees and contract payments Commission and brokerage income Home loan repayments (for the buyer) TDS is not a final tax. It is an ...

Received a GST notice and don't know what to do? Take a deep breath. You are not alone. Hundreds of business owners across Coimbatore receive GST notices every month — and most of them are fixable. At Wintrust Solutions, we handle GST notices every day. Here's what you need to know. Why Did You Get a GST Notice? The GST department sends notices for specific reasons. Here are the 5 most common ones: Reason 1 — Mismatch Between GSTR-1 and GSTR-3B This is the #1 reason businesses get GST notices in India. If the sales you declared in GSTR-1 don't match what you paid tax on in GSTR-3B, the GST system automatically flags your account and generates a notice. ✅ Fix: Reconcile both returns immediately. File an amendment return if needed. A tax consultant can do this in hours. Reason 2 — Input Tax Credit (ITC) Mismatch If you claimed ITC that doesn't match your supplier's GSTR-1 filings, you will receive a notice under Section 61. This often happens...