I am Write code In UrlRewriting.config for Url-Rewrite and Redirect For Url :-

https://www.test.com.au/test1/test2/test3/

<add name="redirect_test1-level1" redirect="Application" redirectMode="Permanent" virtualUrl="^~/test1/(.*)/(.*)/$" rewriteUrlParameter="IncludeQueryStringForRewrite" destinationUrl="~/$1/$2" ignoreCase="true" />

<add name="test1-rewrite-level1"
                 virtualUrl="^/(.+)/(.+)/?$"
                 rewriteUrlParameter="ExcludeFromClientQueryString"
                 destinationUrl="/test1/$1/$2"
                 ignoreCase="true" />

its Working and get result :-

https://www.test.com.au/test2/test3

but try one more level add for Rewrite and Redirect Url :-

https://www.test.com.au/test1/test2/test3/test4/

<add name="redirect_test1-level2" redirect="Application" redirectMode="Permanent" virtualUrl="^~/test1/(.*)/(.*)/(.*)/$" rewriteUrlParameter="IncludeQueryStringForRewrite" destinationUrl="~/$2/$3" ignoreCase="true" />
<add name="test-rewrite-level2"
                 virtualUrl="^/(.+)/(.+)/(.+)/?$"
                 rewriteUrlParameter="ExcludeFromClientQueryString"
                 destinationUrl="/test1/$1/$2/$3"
                 ignoreCase="true" />

Its working only redirect not rewrite and show 404 page Error . if any idea or solution this problem ,please reply

Thanks In Advance ...Regard Ajay Rathod