New tax regime in case of Indian Pvt. Ltd. company.

Indian private limited company engaged in processing of food grains opted for old scheme in A.Y. 2022-23. The company has  c/f unabsorbed depreciation. If the company opts for new tax regime during A.Y. 2023-24 whether c/f  unabsorbed depreciation can be set off against business income of F.Y. 2022-23 (A.Y. 2023-24)?

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  Reassessment proceedings under Section 148 of Income Tax Act

Can CBDT override the delegated legislation? Can notice be issued under Section 148 according to the old regime, despite the new regime?

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