Long Term Capital Gains - Applicability of Sec. 80C

Can I deposit the amount of LTCG in Senior Citizens Saving Scheme and get the LTCG Tax reduced to that extent allowed under Sec. 80C ?(i.e., by depositing ₹150000, can I reduce the LTCG Tax payable by ₹30000?).
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Long term capital gain exemption will not apply to Chapter VIA sec 80C

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