Huge amount held

Angad kr kannaujiya (Studant) (169 Points)

21 March 2011  
Hi Dear all plz give guide me . My employer gave a loan to a pvt ltd co. saying as part of capital. About 3500000/- before 2 year ago. And keep on making trisections like giving a loan and receiving part of loan without any interest and tds . My Q. is , it is right to held this amount year to year or should be included in income . Thanks in advance .