Asset valuation rules for wealth tax: prescribed methods for property, securities, business assets, life interests and jewellery. Schedule III prescribes asset-specific valuation rules for wealth-tax. Key provisions: immovable property valued by net maintainable rent times a multiplier (with leasehold and cost floors and specific exemptions); quoted securities at stock quotations; unquoted preference and equity shares by paid-up, adjusted paid-up or break-up/net-asset methods with prescribed exclusions; investment and interlocked companies by net-asset or profits-based methods with auditor certificates; business assets by balance-sheet values with specified adjustments; life interests capitalised using a tabulated factor; jewellery by declared value up to a threshold or Valuation Officer opinion retained for four years; residual assets market-valued or governed by Board guidelines.