No TDS liability on reimbursement of exp. incurred by C&F agent if separate bill was raised by him

IT : Where assessee paid interest for term loan obtained for purchasing assets for business and claimed deduction of same under section 36(1)(iii) and Assessing Officer disallowed interest partly on plea that assessee had given interest free loans to three parties, since term loan had entirely been used for purpose of purchasing assets and assessee had sufficient interest free funds to take care of advances, disallowance of interest was not justified