Hello Shree,
I haven't actually personally analyzed Ion Torrent data with QIIME, but I don't see any reason why one couldn't process the data with QIIME.
Once you're past the demultiplexing step, the remaining QIIME analyses should be the same as for 454/illumina data, as you have 16S sequences.
The mapping file should be able to handle a single SampleID and associated data (BarcodeSequence, LinkerPrimerSequence, Description). Can you email me your mapping file so I can see how it's formatted?
Also, are you using QIIME 1.4.0 (latest release)?
Best regards,
Tony Walters