Tds on director remuneration

Saurabh Toshniwal (ca final) (2363 Points)

14 September 2013  

a pvt ltd company transferred director remuneration ( rs 6 lac per director) payable for the fy 2012-13 in the unsecured loan a/c of respective directors. now when tax will be deducted ie when remuneration is paid to director or when the remuneration payable is transferred to unsecured loan a/c. please explain in detail.