Deemed Owner and Legal Owner taxability

How would an individual assessee be taxed as a deemed owner and how would his spouse be taxed as the legal owner when the individual transfers ownership of property through a Gift Deed to his spouse, changes all rental agreements to the spouse's name, and ensures TDS deductions are reflected on the spouse's PAN for the FY 2023-2024, considering the TDS deducted on the spouse is already reflecting in the AIS of the spouse?