Accordingly a statement of case was drawn up by the Agricultural Income tax Board and submitted to the High Court and the following question of law was referred for its decision: " Whether on the facts and in the circumstances of the case the trustees can be said to be holding land on behalf of beneficiaries and can the beneficiaries be said to be jointly interested in the land or in the agricultural income derived therefrom within the meaning of Section 11 (1) of the U.P. Agricultural Income tax Act, 1948 ?" The said reference was heard by the High Court and by its judgment dated April 19, 1955, the High Court held that the trustees could be said to be holding land on behalf of beneficiaries but the beneficiaries could not be said to be jointly interested in the land or in the agricultural income derived therefrom within the meaning of section 1 1 (1) of the Act and accordingly answered the first part of the question in the affirmative and the latter half in the negative.