I Have a requirement where I need to listen to TCP/IP and dump the data to SQL Server. I have to log data over the network. Can SSIS source be a IP - PORT

There is no specific task as source for TCP / IP listening. But i think you can use a script task to listen to TCP / IP and process the data accordingly. BTW this is analysis services forum and the below forum will be the appropriate one for this question http://social.msdn.microsoft.com/Forums/en-US/sqlintegrationservices/threads