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<h1>Income Tax Obligations: Section 2(3) Defines 'Person' to Include Individuals, HUFs, AOPs, BOIs, Firms, and Companies.</h1> Income tax must be paid by every 'person' as defined under the Income-tax Act, section 2(3). This includes natural persons like individuals and various artificial entities such as Hindu Undivided Families (HUFs), Associations of Persons (AOPs), Bodies of Individuals (BOIs), firms, Limited Liability Partnerships (LLPs), companies, local authorities, and other artificial juridical persons. Therefore, both individuals and a wide range of organizational structures are liable to pay income tax.