Order to be Conclusive :

Every order of settlement passed by the Commission shall be conclusive as to the matter stated therein. No matter covered by such order shall be reopened in any proceeding under this Act or under any other law for the time being in force. The only exception is the power given to commission itself to reopen the completed proceedings.

However, the Supreme Court has held in CIT vs. B.N. Bhattacharjee (1979) 118 ITR 461 that Article 136 of the Constitution was wide enough to bring within the Supreme Court’s jurisdiction orders passed by the Settlement Commission.