Comparative analysis of section 32AC and section 32AD

	Section 32AC	Section 32AD
Available to	Assessee being a company.	Any Assessee i.e. company and Non-Corporate
Condition of setting up new undertaking of enterprise	No Such condition. Undertaking or enterprise for manufacture or production of article or thing could be set up at any time.	Assessee should set up an undertaking or enterprise for manufacture or production of any article or thing on or after 1-4-2015.
Location	Business manufacture or production of article or thing can be anywhere in India.	Undertaking or enterprise should be set up in any notified backward area in the state of Andhra Pradesh, Bihar, Telengana or West Bengal.
Assessment years in which deduction is available	Assessment Year 2015-16 to Assessment Year 2017-18.	Assessment Year 2016-17 to Assessment Year 2020-21.
Actual cost of assets which deduction is available	Actual cost  of new assets acquired and installed during the Previous year should exceed Rs. 25Cr.	No such condition Actual cost of new asset may be of any amount.
Condition for deduction	Deduction is available if asset is acquired and installed during the same Previous Year. Acquisition and installation should be in previous Year 31-03-2015 and/ or Previous Year 31-03-2016 and Previous Year 31-03-2017.	Deduction is available in the year in which asset is installed. If asset is acquired in previous year 31-03-2016 and installed in previous year 31-03-2017, then deduction is available in previous year 31-03-2017. New asset should be acquired and installed during the period 01-04-2015 to 31-03-2020. Deduction will be allowed in the year of installation.