DH News Service,Bangalore:
Former Congress Minister A Krishnappa, who has filed his nomination from K R Puram constituency, has declared that he files an annual income tax of Rs 14,52,917.
According to the affidavit which the minister has submitted to K R Puram Returning Officer M Ashok along with his nomination papers, the above mentioned tax includes the Rs 2,05,830 filed as income tax by his wife Manjula.
The affidavit states that Krishnappa owns property worth Rs 7,28,85,000. This includes property worth Rs 2,09,25,000 registered in his wife’s name. That apart, Krishnappa has a total bank balance of Rs 26,94,619; and his wife’s bank account has a sum of Rs 2,06,937.
Krishnappa owns agricultural land in K R Puram Hobli and Kolar District, and non-agricultural land in Devasandra and Basavanapura villages of K R Puram Hobli in Bangalore.
That apart, he owns commercial buildings in Devasandra, Kalkere and Basavanapura villages and residential buildings in K R Puram, Devasandra and Hennur-Banaswadi Layout.
Krishnappa has a debt of Rs 95,79,600. He owes this amount to Syndicate and Punjab National Banks. Besides this, his wife Manjula owes Rs 9,85,377 to Syndicate Bank.
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