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Prabhakar Reddy Vemireddy

Prabhakar Reddy Vemireddy

Telugu Desam Nellore Won 2024

Declared net worth
₹532.37 Cr
Since last election
No prior
Pending cases
6 pending cases
Convictions
0 convictions

Wealth & income over time

₹532.37 Cr
Election Constituency Result Assets Liabilities Net worth Income (latest year, self)
Lok Sabha General Election 2024 Nellore won ₹729.67 Cr ₹197.30 Cr ₹532.37 Cr ₹4.41 Cr

Latest affidavit

Total assets
₹729.67 Cr
Total liabilities
₹197.30 Cr
Net worth
₹532.37 Cr

Education

  • Graduate, Bachelor of Arts in Economics, Economics, Loyola College, Chennai, University of Madras, 1976

self, Prabhakar Reddy Vemireddy, age 68

Business

Movable assets

  • Cash Cash in hand ₹7.47 L
  • Deposits in Banks, FIs and NBFCs Deposits in Bank Accounts ₹11.72 Cr
  • Bonds, Debentures and Shares Investment in Bonds, Debentures/Shares ₹345.81 Cr
  • NSS, Postal Savings, etc. Investment in NSS, Postal Savings, Insurance ₹11.86 L
  • Personal Loans / Advances Given Personal loans/advance ₹97.70 Cr
  • Motor Vehicles Motor Vehicles ₹6.96 Cr
  • Jewellery, Bullion, etc. Jewellery, bullion and valuable thing ₹2.04 Cr

Immovable assets

  • Agricultural Land Agricultural Land Nidaghatta, Mulumudi 5.2288 Acres ₹15.45 Cr
  • Agricultural Land Non-Agricultural Land Nellore, Kondayapalem, Uthandi, KanaparthiPadu, Nidaghatta, Shamshabad 483189.58 Sq.ft ₹64.52 Cr
  • Commercial Buildings Commercial Buildings Hyderabad, Chennai, KanaparthiPadu 848996.60 Sq.ft ₹80.11 Cr
  • Residential Buildings Residential Buildings Tirupathi, Nellore, Hyderabad, Bangalore, Guntur, Chennai 58979.60 Sq.ft ₹28.65 Cr

Liabilities

  • Other Liabilities Loan or dues to Bank/Financial Institution to Annexure-K ₹1.15 Cr
  • Any Other Dues Loan or dues to any other individuals/Entity to Annexure-L ₹152.66 Cr

Income (ITR)

  • 2022-23 ₹4.41 Cr
  • 2021-22 ₹3.81 Cr
  • 2020-21 ₹3.71 Cr
  • 2019-20 ₹4.65 Cr
  • 2018-19 ₹2.60 Cr

spouse, Vemireddy Prashanthi Reddy

Business

Movable assets

  • Cash Cash in hand ₹5.73 L
  • Deposits in Banks, FIs and NBFCs Deposits in Bank Accounts ₹1.17 Cr
  • Bonds, Debentures and Shares Investment in Bonds, Debentures/Shares ₹10.63 Cr
  • NSS, Postal Savings, etc. Investment in NSS, Postal Savings, Insurance ₹6.38 L
  • Personal Loans / Advances Given Personal loans/advance ₹34.12 Cr
  • Motor Vehicles Motor Vehicles ₹6.52 L
  • Jewellery, Bullion, etc. Jewellery, bullion and valuable thing ₹27.18 L

Immovable assets

  • Agricultural Land Agricultural Land Nidaghatta, Cherlopalli, Nyalata, Veguru, Nadurkhi 22.3138 Acres ₹4.26 Cr
  • Agricultural Land Non-Agricultural Land Nidaghatta, Allipuram, Laughing Waters, KanaparthiPadu 214558.52 Sq.ft ₹9.46 Cr
  • Residential Buildings Residential Buildings Tirupathi, Nellore, Hyderabad, Bangalore 20225.48 Sq.ft ₹16.39 Cr

Liabilities

  • Other Liabilities Loan or dues to Bank/Financial Institution to Annexure-K1 ₹86.13 L
  • Any Other Dues Loan or dues to any other individuals/Entity to Annexure-L1 ₹42.62 Cr

Income (ITR)

  • 2022-23 ₹2.28 Cr
  • 2021-22 ₹6.04 Cr
  • 2020-21 ₹7.94 Cr
  • 2019-20 ₹8.04 Cr
  • 2018-19 ₹7.37 Cr

huf

dependent

dependent

dependent

Government contracts

  • OB Removal work at Khadia OCP of NCL party to the contract: Northern Coalfields Limited self
  • OB Removal work at PK OC (OC-II Section), Manuguru Area party to the contract: The Singareni Collieries Company Limited self
  • OB Removal work at Anantha OCP, Jagannath Area party to the contract: Mahanadi Coalfields Limited self
  • OB Removal work at Jayant OCP party to the contract: Northern Coalfields Limited self
  • Development and Operation of East Pit of Talaipalli Coal Block party to the contract: NTPC Ltd self
  • OB removal work at Naini Opencast Project, Naini Area party to the contract: The Singareni Collieries Company Limited self
  • Development and Operation of Balabhadra OCP party to the contract: Mahanadi Coalfields Limited self
  • Kaleshwaram Project Formation of Sri Komaravelli Mallanna Sagar Reservoir party to the contract: Afcons-Vijeta JV self
  • Kaleshwaram Project Formation of Sri Komaravelli Mallanna Sagar Reservoir party to the contract: RK Infra Corp Pvt Ltd self
  • OB Removal and Excavation, Evacuation of Coal at Magadh OCP party to the contract: Central Coalfield Limited self
  • Mine Developer cum Operator (MDO) for Development and Operation of Pachhwara Central Coal Mine party to the contract: Punjab State Power Corporation Limited self
  • J.Chokkarao Devadula Lift Irrigation Scheme Phase-III party to the contract: Irrigation & CAD Department, Government of Telangana self
  • Detailed Investigation, formation of gravity canal party to the contract: Water Resources Department, Government of Andhra Pradesh self
  • Investigation, Design, Preparation of Hydraulic Particulars and Earth work excavation party to the contract: Water Resources Department, Government of Andhra Pradesh self
  • AVR HNSS Project Phase-II party to the contract: Water Resources Department, Government of Andhra Pradesh self
  • Widening of balance work of HNSS Main Canal party to the contract: Water Resources Department, Government of Andhra Pradesh self

Sources of income

  • Business Business and property self
  • Business Business spouse

Social media handles

  • Facebook given
  • WhatsApp given

Additional disclosures

  • Whether any other liabilities are in dispute ITTA.308/2012, filed by the Department before the Hon'ble High Court against the order of the Hon'ble ITAT, Hyderabad in ITA.No.380/Hyd/2011, dt.14.10.2011 for the Ay.2005-06 and the same is pending before the Hon'ble High Court as on now. Amount of income tax in dispute Rs.56,10,000
  • Whether any other liabilities are in dispute ITTA.412/2012, filed by the Department before the Hon'ble High Court against the order of the Hon'ble ITAT, Hyderabad in ITA.No.378/Hyd/2011, dt.14.10.2011 for the Ay.2003-04 and the same is pending before the Hon'ble High Court as on now. Amount of income tax in dispute Rs.78,34,800
  • Whether any other liabilities are in dispute Income Tax AY-2014-15 Appeal pending before Commissioner of Income Tax Appeals. Rs.1,62,13,395/- Appeal filed by Dept. 154 Petition filed before Deputy Commissioner of Income Tax Centre Circle-1(2), Hyderabad

Totals printed in the affidavit This total could not be checked against the items listed in the affidavit.

  • Gross Total Value self assets ₹464.43 Cr
  • Gross Total Value spouse assets ₹46.95 Cr The totals printed in the affidavit do not add up.
  • Grand total of liabilities self liabilities ₹153.82 Cr
  • Grand total of liabilities spouse liabilities ₹43.48 Cr

PAN: given

Contact details: Candidate declared none

Criminal cases (6)

  • pending, DELIBERATE AND WILLFULL DEFAULT IN FILLING RETURNS
    SECTION 276CC AND 278(b)(1) OF INCOME TAX ACT, 1961
    SPECIAL JUDGE FOR ECONOMIC OFFENCES AT HYDERABAD
    charges not framed
  • pending, DELIBERATE AND WILLFULL DEFAULT IN FILLING RETURNS
    SECTION 276CC AND 278(b)(1) OF INCOME TAX ACT, 1961
    SPECIAL JUDGE FOR ECONOMIC OFFENCES AT HYDERABAD
    charges not framed
  • pending, DELIBERATE AND WILLFULL DEFAULT IN FILLING RETURNS
    SECTION 276CC AND 278(b)(1) OF INCOME TAX ACT, 1961
    SPECIAL JUDGE FOR ECONOMIC OFFENCES AT HYDERABAD
    charges not framed
  • pending, DELIBERATE AND WILLFULL DEFAULT IN FILLING RETURNS
    SECTION 276CC AND 278(b)(1) OF INCOME TAX ACT, 1961
    SPECIAL JUDGE FOR ECONOMIC OFFENCES AT HYDERABAD
    charges not framed
  • pending, DELIBERATE AND WILLFULL DEFAULT IN FILLING RETURNS
    SECTION 276CC AND 278(b)(1) OF INCOME TAX ACT, 1961
    SPECIAL JUDGE FOR ECONOMIC OFFENCES AT HYDERABAD
    charges not framed
  • pending, DELIBERATE AND WILLFULL DEFAULT IN FILLING RETURNS
    SECTION 276CC AND 278(b)(1) OF INCOME TAX ACT, 1961
    SPECIAL JUDGE FOR ECONOMIC OFFENCES AT HYDERABAD
    charges not framed

Elections contested

Election Constituency Party Result Votes Share
Lok Sabha General Election 2024 Nellore Telugu Desam won 766,202 56.34%

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