Xperia Neo CWM and root 100% tested by me

ROOT Neo/Neo V Official 4.0.4 ICS 4.1.B.0.431 or 4.1.B.0.587

Check is bootloader unlocked *#*#7378423#*#* - Service Info - Configuration

If yes proceed with root.
If allowed Yes/No then

For Yes

For No

Mine Android Version is 4.1.B.0.587.

Root procedure - Its preferable to enable usb debug and unknown sources on phone settings
1.Make sure you have last updates from android SDK

5.Watch video or returning stock boot so phone will boot up normally and be rooted.

Download Flashtool Setup

Download Flash Firmwares

How to Flash With Flashtool
Simple follow same procedure as i returned kernel but dont exclude nothing or There are allot of tutorials available. Google it.

Supported phones and flash key mappings

Xperia Z3 (D6603) – volume down
Xperia Z3 Compact (D5803) – volume down
Xperia T3 (D5103) – volume down
Xperia E3 (D2203) – volume down
Xperia M2 (D2303) – volume down
Xperia Z2 (D6503) – volume down
Xperia Z2 Tablet (SGP511) – volume down
Xperia Z1 Compact (D5503) – volume down
Xperia Z Ultra (6833) – volume down
Xperia Z1 (C6903) – volume down
Xperia Tablet Z (SGP321 and SGP311) – volume down
Xperia go (ST27i) – back
Xperia neo V (MT11i) – volume down
Xperia ray (ST18i) – volume down
Xperia P (LT22i) – volume down
Xperia ZL (C6503) – volume down
Xperia Z (C6603) – volume down
Xperia PLAY (R800i) – back
Xperia E dual (C1605)– volume down
Xperia E (C1505) – volume down
Xperia T (LT30p) – volume down
Xperia S (LT26i) – volume down
Xperia arc (LT15i) – back
Xperia arc S (LT18i) – back