Government Expenditure and Invoice Details

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Questions and Answers

What is the total amount approved for the payment to AKS Information Technology Services Pvt. Ltd.?

  • Rs. 43,500/-
  • Rs. 750/-
  • Rs. 75,000/- (correct)
  • Rs. 44,250/-

What percentage was deducted as T.D.S from the bill amount?

  • 5%
  • 2% (correct)
  • 1%
  • 3%

How much is the T.D.S amount to be deducted from the payment?

  • Rs. 750/- (correct)
  • Rs. 1,000/-
  • Rs. 43,500/-
  • Rs. 44,250/-

Who is authorized as the Drawing & Disbursing officer in this regard?

<p>The Accounts Officer, (T&amp;CP) (B)</p> Signup and view all the answers

What is the net payment to be made to AKS Information Technology Services Pvt. Ltd. after T.D.S deduction?

<p>Rs. 43,500/- (C)</p> Signup and view all the answers

What type of audit is the payment made for?

<p>Security Audit (D)</p> Signup and view all the answers

What is the pro forma invoice number mentioned in the document?

<p>AITS/PI/2425/070 (C)</p> Signup and view all the answers

What is the head under which the T.D.S is to be transferred?

<p>8658- Suspense Accounts (A)</p> Signup and view all the answers

Flashcards

Government Payment Authorization

A formal document issued by a government agency authorizing the payment of funds for a specific purpose.

Department of Urban Development and Municipal Affairs

The department responsible for urban development and municipal affairs in the Government of West Bengal.

Payment Amount

The amount of money to be paid to AKS Information Technology Services Pvt. Ltd. for the security audit of the Department's website.

AKS Information Technology Services Pvt. Ltd.

AKS Information Technology Services Pvt. Ltd., a private company responsible for conducting the security audit of the Department's website.

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Tax Deducted at Source (TDS)

Tax Deducted at Source (TDS) is a mechanism where the payer deducts tax from the payment made to the payee before making the payment.

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TDS Suspense Account

The specific account where the TDS amount is credited in the government's financial system.

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Drawing and Disbursing Officer

The designated official responsible for disbursing funds from the government treasury.

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Security Audit

The process of checking and validating the security measures implemented on a website to identify vulnerabilities and ensure data protection.

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Study Notes

Government Expenditure

  • The Government of West Bengal, Department of Urban Development and Municipal Affairs, authorized an expenditure of Rs. 44,250 for security audit services.
  • This amount was paid to AKS Information Technology Services Pvt. Ltd.
  • The payment constitutes 50% of the total payable amount of Rs. 75,000 (excluding GST).

Invoice Details

  • Invoice number: AITS/PI/2425/070 (dated 07/11/2024)
  • Related order number: 462-IT & eGov/UDMA (dated 30/10/2024).
  • Bill amount: Rs. 44,250
  • TDS (Tax Deducted at Source): Rs. 750
  • Amount payable: Rs. 43,500

Additional Information

  • The Accounts Officer at the Department of Urban Development & Municipal Affairs will be the Drawing & Disbursing officer for this transaction.
  • TDS is deducted at 2% of the bill amount and credited to a specific suspense account.
  • Payment for the security audit service will be drawn from budget provision 72-2217-05-001-006-77-00-V.
  • This transaction is approved by the competent authority.
  • All relevant parties are informed.

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