And operator is not working in If statement WebI 4.0 SP6

Hello Gurus,

I'm using if statement to create a variable .

The formula is as below.

= If [EG_EQNAME]="HP_PVD_TiN-01(A-C01)" AND [EQ].[Eqid]="76401" Then [AC-MFT].[EQ_PRD] Else

  If [EG_EQNAME]="HP_PVD_TiN-02(A-C02)" AND [EQ].[Eqid]="76402" Then [AC-MFT].[EQ_PRD] Else

  If [EG_EQNAME]="HP_PVD_TiN-03(A-C03)" AND [EQ].[Eqid]="76403" Then [AC-MFT].[EQ_PRD] Else

  If [EG_EQNAME]="HP_PVD_TiN-04(A-C04)" AND [EQ].[Eqid]="76404" Then [AC-MFT].[EQ_PRD] Else [Mft]

Another way--------------- Or ----------

= If [EG_EQNAME]="HP_PVD_TiN-01(A-C01)" AND [EQ].[Eqid]="76401" Then [AC-MFT].[EQ_PRD]

ElseIf [EG_EQNAME]="HP_PVD_TiN-02(A-C02)" AND [EQ].[Eqid]="76402" Then [AC-MFT].[EQ_PRD]

ElseIf [EG_EQNAME]="HP_PVD_TiN-03(A-C03)" AND [EQ].[Eqid]="76403" Then [AC-MFT].[EQ_PRD]

ElseIf [EG_EQNAME]="HP_PVD_TiN-04(A-C04)" AND [EQ].[Eqid]="76404" Then [AC-MFT].[EQ_PRD] Else [Mft]

I'm getting error as shown in attached image.

Please help me to resolve this error.

Thanking You in advance.

Regard's,

Thiru