Sir I have paid self assessment Tax for AY 2022-23 on 17.02.2024, also the amount is debited from my account. but the challan is still showing in "Payment Initiated" mode till today. Kindly let me know when challan gets generated...
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Quick Summary
If your self-assessment tax payment status is still showing as 'Payment Initiated' even after the funds have left your account, don't worry. This can sometimes take a few days to update in the system. It's advised to wait for up to 7 working days. If the status remains unchanged, contact your bank as they may need to resolve an issue on their end for the challan to be generated and appear correctly on the portal.
Sometimes, it may take a few days for the payment to be processed, and the status to be updated. Allow some time for the payment to reflect in the system.