Suggest IT Form for Individual - Having F&O Turnover along with STCG for this AY 2021-22

This discussion seeks guidance on the appropriate Income Tax Return (ITR) form for an individual with both Futures & Options (F&O) turnover and Short-Term Capital Gains (STCG) for Assessment Year 2021-22. The consensus points towards ITR-3 as the applicable form, though its length raises concerns about ease of filing. Participants are exploring options to simplify the process, including the potential use of presumptive income schemes like 44AD and whether maintaining books of accounts or audits is mandatory for claiming losses under such schemes.