Permalink Structure of wordpress not working on Godaddy host With windows hosting and IIS Server

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You need to create a web.config file in the root directory of your WordPress installation (the same directory as the .htaccess file), and add the following code in web.config:
[xml]
<?xml version="1.0" encoding="UTF-8"?>
<configuration>
<system.webServer>
<rewrite>
<rules>
<rule name="wordpress" patternSyntax="Wildcard">
<match url="*"/>
<conditions>
<add input="{REQUEST_FILENAME}" matchType="IsFile" negate="true"/>
<add input="{REQUEST_FILENAME}" matchType="IsDirectory" negate="true"/>
</conditions>
<action type="Rewrite" url="index.php"/>
</rule></rules>
</rewrite>
</system.webServer>
</configuration>
[/xml]