Transit Rent is not a revenue receipt and is not liable to be taxed, negating the need for a TDS deduction.

The Verdict came after Sarafraz Sharafali Furniturewalla, a resident of Saigal House, South Mumbai.

https://www.hindustantimes.com/cities/mumbai-news/bombay-hc-transit-rent-not-taxable-not-subject-to-tds-101714677489959.html