When the DTC P0035 OBDII code is stored, it is because the Powertrain Control Module (PCM) has found a malfunction in the circuit that controls the turbocharger pressure bypass valve. This code indicates there is a high-pressure condition in the valve circuit.
The turbocharger boost controller calculates the input data from various engine and transmission sensors to determine the boost pressure required for the engine to operate at optimum levels. The boost pressure control valve is commanded by the PCM to open or close as required.
If the required boost pressure does not match the actual boost pressure, this code will be set next to the Check Engine light.