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of <h1>Net Wealth Calculation: Sum All Assets per Schedule III, Include Section 4 Assets, Subtract Section 5 Exemptions and Debts</h1> Net wealth is calculated by summing the aggregate value of all assets belonging to the assessee as per schedule III, along with the aggregate value of assets required to be included under section 4, also computed as per schedule III. From this total, exemptions under section 5 are subtracted, as well as any debts owed by the assessee related to the included assets.
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