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of <h1>Appeal Dismissed: Seized Gold Ornaments Not Included in Total Income Calculation</h1> <h3>INCOME TAX OFFICER. Versus RAMNATH KAMPTA PRASAD.</h3> INCOME TAX OFFICER. Versus RAMNATH KAMPTA PRASAD. - TTJ 015, 414, The revenue appealed against the CIT (A) order for the assessment year 1976-77. The appeal was dismissed as the seized gold ornaments were not included in the total income calculation according to the Voluntary Disclosure of Income and Wealth Act, 1976. The Appellate Tribunal upheld the CIT's decision, stating that the gold ornaments were seized by the Central Excise Department, not the Income Tax Department. The appeal was dismissed, and the revenue failed.
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