I sold my old Flat in Oct 2017 and my taxable Capital Gain from the sale is Rs 6.69 Lakhs. I have purchased a new Flat in Feb 2017 for Rs 11 Lakhs. I will therefore be claiming Section 54 tax exemption on the entire capital gains since the cost of the new flat is more than the capital gain. Also I paid stamp duty and registration fees of around Rs 1.21 Lakhs and duly registered the new flat in my name in Mar 2017.
My question is whether I can claim tax deduction under section 80C on the Rs 1.21 Lakhs I paid as stamp duty and registration fees apart from the section 54 tax exemption ? (Please note that I have taxable Income from Other Sources for the same financial year i.e. FY 2017-18). I do not need to include the stamp duty in the section 54 tax exemption as the cost of the new flat itself exceeds the capital gains.