Consider a domain name containing a slash-homograph.
As it stands, IDNA section 3.1 requirement 3 tells applications that
they "SHOULD" display the non-ACE form. The security considerations
section, much later, "suggests" that applications provide visual
indications of various anomalies (from which one could extrapolate that
the slash-homograph would benefit from a visual indication).
d) If the non-ACE form contains any character outside Unicode
categories L (letter), N (number), and M (mark), other than
U+002D hyphen-minus, the ACE form SHOULD be shown.