Deemed dividend u/s 2(22)(e)

Deemed Dividend : According to Section 2(22)(e), when a company in which the public are not substantially interested, extends a loan or an advance to:

a. any of its shareholders who has more than 10% voting power in the company or
b. to any concern in which such shareholder is substantially interested or
c. for the individual benefit of such shareholder or
d. on behalf of such shareholder to the extent the company has accumulated profits, 

such payment would be deemed as a dividend under Section 2(22)