Invoice University Lecturer in India Mumbai –Free Word Template Download with AI
Department of Commerce & Management Studies
4th Floor, Academic Block B, Vile Parle (West)
Mumbai, Maharashtra – 400056, India
GSTIN: 27AABCM1234F1Z5 | UIN: 0123456789
Phone: +91-22-4567-8900 | Email: [email protected]
University Lecturer Professional Services
India Mumbai – Academic Year 2024-25
| Sr. No. | Description of University Lecturer Services | Subject / Course Code | Hours | Rate (INR) | Amount (INR) |
|---|---|---|---|---|---|
| 1 | Regular classroom lectures – Advanced Financial Accounting (B.Com. Sem IV) | ACCT-401 | 120 | ₹ 850 | ₹ 1,02,000.00 |
| 2 | Regular classroom lectures – Corporate Law & Governance (LL.B. Sem VI) | CLAW-602 | 90 | ₹ 950 | ₹ 85,500.00 |
| 3 | Practical sessions and laboratory supervision – Business Analytics Lab | ANAL-305 | 60 | ₹ 1,100 | ₹ 66,000.00 |
| 4 | Examination setting, evaluation, and answer script moderation (University Mumbai affiliation) | EXAM-2024 | 40 | ₹ 1,200 | ₹ 48,000.00 |
| 5 | Supervision of 4 M.Com. research dissertations (guidance & review) | RES-501 | 30 | ₹ 1,500 | ₹ 45,000.00 |
| 6 | Guest lectures at Mumbai University Extension Centre, Dadar (4 sessions) | EXT-2024 | 16 | ₹ 2,000 | ₹ 32,000.00 |
| 7 | Departmental committee participation, curriculum review, and academic council meetings | ADM-2024 | 20 | ₹ 700 | ₹ 14,000.00 |
| Subtotal (Gross Earnings) | ₹ 3,92,500.00 |
| GST @ 18% (Applicable on University Lecturer professional fees in India) | ₹ 70,650.00 |
| Less: TDS Deduction @ 10% (u/s 194J, Income Tax Act, India) | (₹ 39,250.00) |
| Less: Professional Tax (Maharashtra State, Mumbai) | (₹ 2,500.00) |
| Net Payable Amount (INR) | ₹ 4,21,400.00 |
Notes & Terms of This Invoice
- This Invoice is issued by the Mumbai Institute of Advanced Studies for professional services rendered by the above-named University Lecturer during the specified academic period in India Mumbai.
- All rates quoted are in Indian Rupees (INR) and are inclusive of applicable statutory deductions as per the Income Tax Act, 1961, and the Maharashtra State Taxation regulations.
- GST of 18% has been applied as per the Central Goods and Services Tax Act, 2017, applicable to professional and consultancy services rendered by a University Lecturer in India Mumbai.
- TDS of 10% has been deducted under Section 194J of the Income Tax Act, 1961, for fees paid to a University Lecturer for professional and technical services. The TDS certificate (Form 16A) will be issued by the end of February 2025.
- Professional Tax of ₹2,500 per annum has been deducted as mandated by the Maharashtra State Government for professionals residing and working in Mumbai, India.
- Payment is to be made via NEFT/RTGS to the bank account mentioned below. Cheques should be drawn in favour of "Dr. Rajesh Kumar Sharma" and made payable at Mumbai, India.
- This Invoice must be settled on or before the due date mentioned above. A late payment surcharge of 1.5% per month will be applicable on the outstanding balance.
- The University Lecturer is expected to maintain a minimum attendance of 85% for all scheduled lectures and practical sessions as per the academic calendar of the institution and the guidelines of the University of Mumbai.
- Any disputes arising from this Invoice shall be subject to the jurisdiction of the competent courts in Mumbai, Maharashtra, India.
Bank Account Details for Payment (University Lecturer – India Mumbai)
Account Holder: Dr. Rajesh Kumar Sharma
Bank Name: State Bank of India, Vile Parle Branch, Mumbai
Account Number: 3012 4567 8901 234
IFSC Code: SBIN0001234
Branch Address: SBI, Vile Parle (West), Mumbai – 400056, Maharashtra, India
UPI ID: dr.rksharma@okaxis
For Mumbai Institute of Advanced Studies(Authorised Signatory) For the University Lecturer
(Dr. Rajesh Kumar Sharma) ⬇️ Download as DOCX Edit online as DOCX
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