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Capital gain

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22 March 2013 sir please tell

mr.A received allotment letter of flat from a builder on 15th june,2006 under construction link payment scheme and got a physical possession on 15th march,2012

then mr.A sold the above flat on 15th may,2012

sir please tell the nature of above gain ??
(short term or long term)

sir it is long term,also give me some case laws of punjab & haryana high court

23 March 2013 It is short term capital gain since before completion and physical possession you can not acquire any property.



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