SECTION 32M

Every order of settlement passed under sub-section (5) [OLD-(7)] of section 32F shall be conclusive as to the matters stated therein and no matter covered by such order shall, save as otherwise provided in this Chapter, be reopened in any proceeding under this Act or under any other law for the time being in force.

(In section 32M, the brackets and figure "(5)" has been substituted vide Union Budget 2007 - 2008 With effect from the 1st day of June, 2007)