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Balashowry Vallabhaneni

Balashowry Vallabhaneni

Jharkhand Party Machilipatnam Won 2024

Declared net worth
₹-5.21 Cr
Since last election
Not comparable
Pending cases
2 pending cases
Convictions
0 convictions

Wealth & income over time

Declared net worth over time. Lok Sabha Election-May-2019: ₹-8.03 Cr; Lok Sabha General Election 2024: ₹-5.21 Cr .
Election Constituency Result Assets Liabilities Net worth Income (latest year, self)
Lok Sabha Election-May-2019 Machilipatnam won ₹4.17 L ₹8.07 Cr ₹-8.03 Cr ₹38.64 L
Lok Sabha General Election 2024 Machilipatnam won ₹1.55 L ₹5.23 Cr ₹-5.21 Cr ₹8.46 L

Latest affidavit

Total assets
₹1.55 L
Total liabilities
₹5.23 Cr
Net worth
₹-5.21 Cr

Education

  • Postgraduate, Master of Arts- Political Science, Political Science, Andhra University Visakhapatnam, 2014

self, Balashowry Vallabhaneni, age 55

Business/Member of Parliament

Movable assets

  • Cash Cash in hand ₹1.03 L

Liabilities

  • Other Liabilities Loan or dues to Bank/financial institution to Union Bank ₹63.93 L
  • Other Liabilities Loan or dues to Bank/financial institution to Axis Bank ₹4.59 Cr

Income (ITR)

  • 2018-19 ₹29.21 L
  • 2019-20 ₹5.31 L
  • 2020-21 ₹4.76 L
  • 2021-22 ₹7.70 L
  • 2022-23 ₹8.46 L

spouse, Vallabhaneni Bhanumathi

Business

Movable assets

  • Cash Cash in hand ₹52,000.00

Income (ITR)

  • 2018-19 ₹11.69 L
  • 2019-20 ₹10.19 L
  • 2020-21 ₹11.39 L
  • 2021-22 ₹13.22 L
  • 2022-23 ₹11.51 L

huf

Government dues

  • Income tax dues Income tax due self ₹6.19 Cr
  • Income tax dues Income tax due spouse ₹1.85 Cr

Sources of income

  • Agriculture Agriculture self
  • House Property House Property self
  • Salary Salary self
  • Agriculture Agriculture spouse
  • House Property House Property spouse

Social media handles

  • Facebook given
  • X (Twitter) given
  • Instagram given

Additional disclosures

  • Whether any other liabilities are in dispute 25,00,000 before the Honorable Appellate Tribunal, FEMA New Delhi

Totals printed in the affidavit

  • Gross Total Value self assets ₹37.85 Cr The totals printed in the affidavit do not add up.
  • Gross Total Value spouse assets ₹23.17 Cr The totals printed in the affidavit do not add up.
  • Grand total of Liabilities self liabilities ₹57.99 Cr The totals printed in the affidavit do not add up.
  • Grand total of Liabilities spouse liabilities ₹20.78 Cr The totals printed in the affidavit do not add up.

PAN: given

Contact details: Candidate declared none

Criminal cases (2)

  • pending, Disobedience of order promulgated by a public servant, Mischief causing damage, Criminal intimidation, Wantonly giving provocation with intent to cause riot
    Sections 188,427,506,153 r/w 34 IPC
    Not Applicable
    charges not framed
  • pending, Alleged offence pertains to Export of iron ore to the tune of 921.600 MT by M/s Kineta Minerals and Metals Limited in the year 2007
    Section 411, 420 r/w 120 B (2) of Indian Penal Code, 1860
    42nd Addl. Chief Metropolitan Magistrate, Bangalore
    charges not framed

Elections contested

Election Constituency Party Result Votes Share
Lok Sabha General Election 2024 Machilipatnam Jharkhand Party won 724,439 55.73%
Lok Sabha Election-May-2019 Machilipatnam Yuvajana Sramika Rythu Congress Party won 572,850 46.56%

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Compiled from public disclosures by the Election Commission of India and MyNeta.