A.R. Tiwari, J.
1. The applicant-assessee has filed this application under Section 256(2) of the Income-tax Act, 1961 (for short, “the Act”), seeking a direction to the Tribunal to state a case and refer the questions of law as proposed arid extracted below arising out of the order dated November 29, 1986, passed by the Tribunal in I. T. A. No. 632/(Ind) of 1985 :
“(1) Whether, on the facts and circumstances of the case, the conclusions arrived at by the Appellate Tribunal are not arbitrary, capricious, inconsistent with the evidence and not borne out of the facts on record ?
(2) Whether, on the facts and in the circumstances of the case, the Appellate Tribunal was right in restoring the addition of Rs. 15,000 made by the Income-tax Officer and expressing the opinion that the order of the Appellate Assistant Commissioner is wholly erroneous and that the applicant is not an agriculturist ?”
2. Briefly stated, the facts of the case are that the applicant was assessed. She estimated the income from her agricultural activities at Rs. 48,983. The Income-tax Officer thought that this estimate was very excessive. He, therefore, demanded the particulars. Thereafter, the Income-tax Officer caused the enquiry through Tahsildar, Jaora. The Income-tax Officer, then, noticed the applicant to show cause as to why the estimate given by the Tahsildar after enquiry be not accepted. The explanation was that the report did riot show the correct position. The Income-tax Officer eventually added the sum of Rs. 15,000 to the income of the assessee. This addition of Rs. 15,000 was, however, knocked off by the Appellate Assistant Commissioner in the appeal filed by the applicant. Aggrieved by the order of the first appellate authority, the non-applicant filed the second appeal which was registered as I. T. A. No. 632/(Ind) of 1985. The appeal was allowed. The order of the first appellate authority was set aside and the order of the Income-tax Officer was restored. In the result, the addition of Rs. 15,000 was brought back to life. Aggrieved, the applicant filed R. A. No. 17(Ind) of 1987 for reference. That application was rejected on November 22, 1988. Thereafter, the applicant has filed this miscellaneous civil case.
3. We have heard Shri Nazir Singh, learned counsel for the applicant, and Shri D.D. Vyas, learned counsel for the non-applicant.
4. Counsel for the applicant submitted that the Tribunal did not take into account the relevant material and erroneously dislodged and demolished the finding reached by the first appellate authority. He submitted that in such a situation, the questions are of law and required to be stated and referred. He placed reliance on S.R. Kalani (HUF) v. CIT  177 ITR 259 (MP) and CIT v. K. Sreedharan  201 ITR 1010 (Ker).
5. Shri Vyas, on the other hand, submitted that the applicant has already been given benefit of the amount other than the sum of Rs. 15,000. According to him, the order is based on an appreciation of the entire material and the conclusion is one of fact. He, therefore, submitted that there is no referable question of law.
6. We find that the Tribunal held that the alleged buffaloes, trees, etc., were with the assessee’s mother-in-law even earlier. The Tribunal concluded as under :
“This apart, I find that in her capital account, she has shown nominal withdrawals of about Rs. 3,000 to meet her household expenses, whereas she had made an investment of Rs. 62,000 in the firm. This means she is not an agriculturist and all this income was declared by her to justify the investment made by her in the firm, share income from which was nil. She had some income from money-lending business, which was estimated by the Income-tax Officer at Rs. 2,000, but has been further reduced to Rs. 1,200 by the Appellate Assistant Commissioner. All told, it is impossible to believe that she could have net agricultural saving of Rs. 48,983 as disclosed by her. I would estimate the same at about Rs. 21,000 giving credit for the past saving the maximum at Rs. 31,000. The addition on account of extra investment was only Rs. 15,000 which cannot be said to be excessive by any stretch of imagination.”
7. The Tribunal declined to state the case and held as under :
“The assessee showed net agricultural income of Rs. 48,983 which was not believed by the Income-tax Officer. He estimated the net agricultural income at Rs. 33,737 and thus made addition of Rs. 15,000 to the income of the assessee as income from other sources. The assessee successfully appealed before the Appellate Assistant Commissioner of Income-tax who deleted the said addition. The Revenue then came in appeal to the Tribunal. The Tribunal reversed the order of the Appellate Assistant Commissioner and restored that of the Income-tax Officer. The finding of the Tribunal is based on appreciation of evidence and, therefore, no referable question of law arises.”
8. We find that all necessary facts and features were taken into account and that the conclusion reached is one of fact. No perversity is visible. The finding of fact does not give rise to any question of law. In CIT v. Ashoka Marketing Ltd.  103 ITR 543 (SC) and CIT v. Kotrika Venkataswamy and Sons  79 ITR 499 (SC), it is held that the finding of fact, not shown to be perverse or perishable, does not give rise to any question of law.
9. The assessee suffering an adverse order at the hands of the Tribunal, persisted in chasing the question. She, therefore, did not give up the pursuit. “Men will do the rational thing”, said Lord Keynes, “but only after exploring all other alternatives.”
10. The assessee filed this application but on appreciation and analysis, we find that the Tribunal was justified in taking the view that it took. We, therefore, find that there is no error in the order passed by the Tribunal.
11. Consequently, we find that there is no referable question of law arising out of the order of the Tribunal.
12. We, therefore, dismiss this application as devoid of merit, but leave the parties to bear their own costs of this application as incurred. Counsel fee for each side, is fixed at Rs. 750, if certified.