allotment letter vs possession section 54/54F

Case law of Bina Jain says possession is imp Case  law of  Vembu Vaidynathan says letter of allotment is enough how to reconcile both ?

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  date of acquisition

CIT vs. Smt. Beena K. Jain : 217 ITR 363    says possession date is date of purchase Vembu Vaidyanathan  413 ITR 248 (Bom.). ... allotment letter is date of purchase . which is applicable on which facts ?            

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