Section 40. Protection of action taken under this Act

40. Protection of action taken under this Act.— No suit or other legal proceeding shall lie against a Food Corporation or any member of the board of directors thereof or any officer or other employee thereof or any member of a Board of Management or its staff or any other person authorised by a Food Corporation or a Board of Management to discharge any functions under this Act for any loss or damage caused or likely to be caused by anything which is in good faith done or intended to be done in pursuance of this Act. 41. [ Offences .] Omitted by the Jan Vishwas (Amendment of Provisions) Act, 2023 (18 of 2023), s . 2 and Schedule ( w.e.f . 07-05-2024). — 42. Provision relating to income-tax, super-tax, etc. For the purposes of the Income-tax Act, 1961 (43 of 1961), or any other enactment for the time being in force relating to income-tax, super-tax or any other tax on income, profits or gains, a Food Corporation shall be deemed to be a company within the meaning of the Income-tax Act, 1961, and shall be liable to tax accordingly on its income, profits and gains. 1961 (43 of 1961), or any other enactment for the time being in force relating to income-tax, 1. Ins. by Act 67 of 1972, s. 7 (w.e.f. 15-12-1972). — 43. Winding up of Food Corporation. No provision of law relating to the winding up of companies or corporations shall apply to a Food Corporation and it shall not be placed in liquidation save by order of the Central Government and in such manner as that Government may direct.