One year gap will not effect in your selection procedure but during the interview they might ask the questions regarding this gap, At that time you need to give a meaningful explanation in front of the interviewer. If you are able to convience them with a valid reason then you can get admission there.

You should also have a valid score of the entrance exam of CAT, XAT or GMAT. You can check the further eligibility with the given below link.

TAPMI Admission

Good Luck!