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Government Expenditure and Invoice Details

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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?

2% (correct)

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?

The Accounts Officer, (T&CP) 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?

Rs. 43,500/- Signup and view all the answers

What type of audit is the payment made for?

Security Audit Signup and view all the answers

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

AITS/PI/2425/070 Signup and view all the answers

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

8658- Suspense Accounts Signup and view all the answers

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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Description

Explore the intricacies of government expenditure related to security audit services in West Bengal. This quiz covers the financial details including amounts, TDS deductions, and invoicing procedures, all essential for understanding municipal financial management.