35. Self assessment.

(1) The amount of tax due from a dealer liable to pay tax may be assessed separately for each year during which he is so liable:

Provided that, the Commissioner may, subject to such conditions, if any, as may be prescribed, assess the tax due from any dealer during a part of a year and the other provisions of this section shall be construed accordingly.

(2) If a dealer has filed all the tax returns and the annual return or revised returns in the prescribed manner and within the prescribed time and has paid the tax payable according to such returns or revised returns and also interest payable if any, the returns or revised returns so filed shall be accepted and his assessment shall be deemed to have been made for the purpose of sub-section (1) subject to adjustment of any arithmetical error apparent on the face of the said return:

Provided that the assessment under this sub-section of every such registered dealer who is required to furnish audit report under section 62 shall be deemed to have been made if such dealer has furnished the audit report along with the annual return.