https://www.taxtmi.com/caselaws?id=23202 Advances made by a company to a Hindu undivided family were assessable as deemed dividend where the family itself had applied for the shares, was entered in the share register as shareholder, received dividends, and received the advances. On those facts, the family, and not merely its karta, was treated as the shareholder for section 2(6A)(e) of the Indian Income-tax Act, 1922, so the statutory condition for deemed dividend was satisfied and the advances fell within the provision. en-us Wed, 13 Jun 1990 00:00:00 +0530 Thu, 17 Dec 2009 14:07:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=23202 Advances made by a company to a Hindu undivided family were assessable as deemed dividend where the family itself had applied for the shares, was entered in the share register as shareholder, received dividends, and received the advances. On those facts, the family, and not merely its karta, was treated as the shareholder for section 2(6A)(e) of the Indian Income-tax Act, 1922, so the statutory condition for deemed dividend was satisfied and the advances fell within the provision. Case-Laws Income Tax Wed, 13 Jun 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=23202