TERASOFT2026-10-22TERASOFT2026-10-22ActionsTakenOrOrdersPassedDomain1TERASOFT2026-10-22ActionsTakenOrOrdersPassedDomain1PersonsAgainstWhomActionsTakenOrOrdersPassedDomain1TERASOFT2026-10-22SignatoriesDomain1xbrli:pureTERASOFTTERA SOFTWARE LIMITED533982NOTLISTEDINE482B01010NewAction(s) taken or orders passed (sub-para 20)false2026-10-2213:16:002026-10-22Any other similar action(s)Final Assessment Orders passed under Section 25(1) of KVAT Act 2003Statutory AuthorityOffice of the State Tax Officer, Taxpayer Services, State GST Department, Payyanur, Kerala.1Listed Entity (Self)TERA SOFTWARE LIMITEDemailFinal Assessment Orders passed under Section 25(1) of the Kerala Value Added Tax (KVAT) Act, 2003, for the Assessment Years 2005-06 to 2009-10. Following a remand from the Hon’ble KVAT Appellate Tribunal, the authority has successfully dropped all major tax proposals and penalties across all 5 years, concluding 4 out of 5 years with a NIL tax demand. A minor demand has been confirmed strictly for AY 2008-09 concerning an omission of an interstate purchase.2026-10-22The matter pertains to old assessments where the department originally treated the Company as a normal trader, imposing high gross profit margins. Upon verifying that the transactions were under a revenue-sharing works contract with ECIL for the Kerala Motor Vehicle Department and that full tax was deducted at source (TDS), the authority accepted the Company's books.for the Assessment years 2005-06 to 2009-10There is no material impact on the financials, operations, or regular business activities of the Company. The cumulative financial impact is confined to a minimal total cash outflow of ₹58,142/- (inclusive of interest) for AY 2008-09, which the Company is in the process of evaluating or settling.The matter pertains to old assessments where the department originally treated the Company as a normal trader, imposing high gross profit margins. Upon verifying that the transactions were under a revenue-sharing works contract with ECIL for the Kerala Motor Vehicle Department and that full tax was deducted at source (TDS), the authority accepted the Company's books. For AY 2008-09, a minor technical omission regarding an unreported interstate purchase of a UPS system valuing ₹2,15,359/- from Puducherry was sustained.Total Demand: ₹58,142/- (due to a single undeclared interstate purchase omission).A minor demand has been confirmed strictly for AY 2008-09 concerning an omission of an interstate purchase.the Company is in the process of evaluating or settling.Ch MallikarjunaCompany Secretary and Compliance Officer2026-10-22Hyderabad