A useful name for what accumulates in the mismatch is verification debt. It is the gap between what you released and what you have demonstrated, with evidence gathered under conditions that resemble ...

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Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Gordon Scott has been an active investor and ...

This explains when ITC becomes ineligible under Section 17(5)(h) due to expiry or destruction of goods. The key takeaway is that ITC reversal is mandatory and ...