How do I report my mututal fund income in India?

How do I report my mututal fund income in India. Do I ask for quarterly statements for investment? Do they issue specific form in India similar to 1099-Div in USA? Dividend reinverstment is considered as Dividend income in USA?

  1. Add up total dividend in US tax year (1 Jan to 31 Dec) and then convert to USD.
  2. Indian companies do not issue 1099-DIV. They only issue Form-16A (if they deducted any income tax on your income).
  3. Yes, you can count the dividend income in India as dividend income in USA.