ORDER

PER VIKAS AWASTHY, JM :

This appeal by the assessee is directed against the order of Commissioner of Income Tax (Appeals)-2, Nashik dated 31-03-2016 for the assessment year 2011-12.

2. The brief facts of the case as emanating from records are : The assessee is an individual. The assessee filed his return of income for the impugned assessment year on 30-09-2011 declaring total income of Rs.72,69,115/-. The case of the assessee was selected for scrutiny under CASS. Statutory notice u/s. 143(2) of the Income Tax Act, 1961 (hereinafter referred to as “the Act”) was issued to the assessee on 02-08- 2012. In scrutiny assessment proceedings, the Assessing Officer observed that the assessee had sold four parcels of land and had claimed deduction u/s. 54B of the Act in respect of one of the land comprising in S. No. 37/6 admeasuring 18.07 gunthas at Ashane Shiwar, Taluka-Karjat, Distt.- Raigad. Summons were issued to the assessee u/s. 131 seeking details of property sold. The Assessing Officer after analyzing the documents furnished by the assessee concluded that the assessee has failed to establish that the agricultural activities were carried out by the assessee. The Assessing Officer