If you want to set up proper 301 redirect for IIS website's root without affecting child virtual directories, save code below as "Default.aspx" and set default.aspx as first default document in IIS properties.

Any requests to root website will be redirected to URL you specify in "Location" header.

<%@ Page Language="C#" %>

<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd">

<script runat="server">
private void Page_Load(object sender, System.EventArgs e)
{
Response.Status = "301 Moved Permanently";
Response.AddHeader("Location","
http://www.pallan.org");
}
</script>

<html xmlns="http://www.w3.org/1999/xhtml">
<head runat="server">
    <title></title>
</head>
<body>
    <form id="form1" runat="server">
    <div>
   
    </div>
    </form>
</body>
</html>