Error - The deployment web site was not found for port
Fix -
The solution was to remove the end slash () from the service uri
System Administration > Setup > AIF > Website
Before: http://localhost:85/MicrosoftDynamicsAXAif60
After: http://localhost:85/MicrosoftDynamicsAXAif60
I followed this blog which helped me to fix the issue
http://axaptapeople.blogspot.com.au/2013/11/ax2012-aif-known-issues.html