Intraday is treated as speculative business income therefore your Intraday loss can be set off only against income from speculative business income and carried forward to 4 years.
F&O is treated as non-speculative business income and is taxed at the applicable income tax slab rate. Loss from non-speculative business income can be set off against any income except salary income and can be carried forward to 8 years.
Salary income should be reported under the head ‘Income from Salary’ and will be taxed at the applicable slab rate.
Trading income is treated as Income from Business/Profession therefore you should file ITR 3. You can use this tool to determine which ITR form to file:
PS: when filing your ITR using Quicko, we automatically choose the right ITR Form for you based on your Income situations, so you don’t have to worry about getting it wrong