In this paper, we discussed and studied the solutions of the (2+1)-dimensional Calogero-Bogoyavlenskii-Schiff (CBS) equation. The Calogero-Bogoyavlenskii-Schiff equation describes the propagation of Riemann waves along the y-axis, with long wave propagating along the x-axis. Lax pair and Bäcklund transformation of the Calogero-Bogoyavlenskii-Schiff equation are derived by using the singular manifold method (SMM). The optimal Lie infinitesimals of the Lax pair are obtained. The detected Lie infinitesimals contain eight unknown functions. These functions are optimized through the commutator table.The eight unknown functions are evaluated through the solution of a set of linear differential equations, in which solutions lead to optimal Lie vectors. The CBS Lax pair is reduced by using the optimal Lie vectors to a system of ordinary differential equations (ODEs). The solitary wave solutions of Calogero-Bogoyavlenskii-Schiff equation Lax pair's show soliton and kink waves. The obtained similarity solutions are plotted for different arbitrary functions and compared with previous analytical solutions. The comparison shows that we derive new solutions of Calogero-Bogoyavlenskii-Schiff equation by using the combination of two methods, which is different from the previous findings.