Computation of net wealth

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....p;      Where            A = the aggregate of the value on the valuation date, of all the specified assets, wherever located, belonging to the person referred to in this section, computed in accordance with the provisions of sub-section (5);            B = the aggregat....

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....he business of running them on hire or as stock-in-trade;        (e) jewellery, bullion, furniture, utensils or any other article made wholly or partly of gold, silver, platinum or any other precious metal or any alloy containing one or more of such precious metals, other than those used by the assessee as stock-intrade;        (f) ....

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....ares held by a resident in a controlled foreign company, as referred to in the Twentieth Schedule.    (3) The specified assets referred to in sub-section (2) shall not include the following, namely:—        (a) any one building in the occupation of a Ruler, being a building which immediately before the commencement of the Constitution (Twenty-sixth A....

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.... of this Code;        (c) the value of the assets located outside India, if the person is a non resident; and        (d) any one house or part of a house or one vacant plot of land not exceeding five hundred square metres of area belonging to an individual or a Hindu undivided family.    (4) The house referred to in cla....