Deduction under Section 80C for home loan repayment clarified; officers must verify long term capital gains computations in assessments. Deduction for repayment of loans for purchase or construction of residential houses/flats is addressed under Section 80C, and an A. D. (M. A. Series) Circular dated 11 February 1987 to authorised dealers in foreign exchange is enclosed. Assessing officers are instructed to check the computations of long term capital gains by such authorised dealers, with attention to paragraphs 5-7 of the circular, and to bring the circular's contents to the notice of all officers handling those assessments.