Here is some added information on the above given error:
I found that my system is having "Microsoft Visual Studio 2010 Tools" with version number"10.0.30319" and the setup is installing a below Version - "9.0.35191". So, the system is not allowing it to install. Below is the log error.
MSI (s) (DC:A8) [16:53:01:300]: Windows Installer installed the product. Product Name: Microsoft Visual Studio Tools for Applications 2.0 - ENU. Product Version: 9.0.35191. Product Language: 0. Installation success or error status: 1603. Product: Microsoft Visual Studio Tools for Applications 2.0 - ENU -- Installation failed.
Now, I do not know how to overcome this. Kindly guide me. Thanks,