Hi Kittu,
Create a new Transactional Iview by selecting "IVIEW FROM REMOTE SYSTEM".
Select system object and enter your T-CODE for which you wanted to create Transactional Iview.
After creating iview , please modify property " SAP GUI TYPE" and Select value "SAP GUI For Windows" from drop-down, then save changes.
After this change , when you'll try to access newly created iview, a small file with SAP LOGON pad image will be downloaded to your system. Then open downloaded image, it'll get open like SAP WEBGUI screens.
Regards,