query about taxability of amount given to daughter of direct

A privated limited company has given a sum of Rs. 50,00,000 for the purpose of education to the daughter of a director to study in abroad....

whether these Rs.50,00,000 will taxed in hands of the daughter or director....

and whether the provisions of company law related to deemed divident will attract....

And what if the daughtet is going to serve for company in future for the sum of money given by company ?????

and also tell the tax related facts....