Calculating Disproportionate Assets

Summary

Disproportionate assets are calculated by subtracting known income from total assets. If assets exceed income and cannot be explained, they are considered disproportionate. For example, if total assets are ₹1,00,00,000 and known income is ₹50,00,000, the disproportionate assets would be ₹50,00,000. Understanding this calculation is crucial for public servants to ensure compliance with legal standards. If you need further details on the legal consequences or investigation processes, consider consulting a legal professional.

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how to calculate disproportionate assets and give me an example for it
Hi Madhavi! Disproportionate assets are calculated by comparing the total assets of a public servant with their known sources of income. If the assets exceed the income and cannot be explained, they are considered disproportionate.
Example:
- Total Assets: ₹*,*,*,*
- Known Income: ₹*,*,*
- Disproportionate Assets: ₹*,*,*,* - ₹*,*,* = ₹*,*,*
Do you need more details on any specific aspect?
yes
Hi Madhavi! Could you please specify which aspect you need more details on? For example, do you need information on the legal consequences of having disproportionate assets or the process of investigation?
is this formula
Hi Madhavi! Yes, the formula for calculating disproportionate assets is correct. It involves subtracting the known income from the total assets to determine the disproportionate amount.
Example:
- Total Assets: ₹*,*,*,*
- Known Income: ₹*,*,*
- Disproportionate Assets: ₹*,*,*,* - ₹*,*,* = ₹*,*,*
Do you need more information on how these values are determined?
total assets + explained assets =disproportionate assets
Hi Madhavi! It seems there's a bit of confusion. The correct formula is:
Disproportionate Assets = Total Assets - Explained Assets (Known Income)
For example:
- Total Assets: ₹*,*,*,*
- Explained Assets (Known Income): ₹*,*,*
- Disproportionate Assets: ₹*,*,*,* - ₹*,*,* = ₹*,*,*
Do you need information on how these values are determined?
is this formulaa right
Hi Madhavi! The correct formula to calculate disproportionate assets is:
Disproportionate Assets = Total Assets - Explained Assets (Known Income)
For example:
- Total Assets: ₹*,*,*,*
- Explained Assets (Known Income): ₹*,*,*
- Disproportionate Assets: ₹*,*,*,* - ₹*,*,* = ₹*,*,*
Do you need more information on how to determine the values for total assets and explained assets?