Whether section 2(22)(c) applies to a ‘deeming shareholder’?

IN THE ITAT AHMEDABAD BENCH ‘A’ Krupeshbhai N. Patel versus Deputy Commissioner of Income-tax IT(SS) APPEAL NOS. 590 TO 595, 616, 626, 627, 637, 638 & 651 (AHD.) OF 2011 C.O. NOS. 12, 13, 20 & 21 (AHD.) OF 2012 [ASSESSMENT YEARS 2006-07 tO 2009-10] JUNE 29, 2012 ORDER [A] Appeals of Shri Krupeshbhai N. Patel (a) A.Y. 2006-07 – IT(SS)A No. 590/Ahd/2011 (Assessee’s appeal) Per Bench : 1. This is an appeal filed by the Assessee arising from the order of the ld. CIT(A)-IV, Ahmedabad dated 30.08.2011. 2. Grounds raised are hereby decided as follows. ...