New web applications throwing 404 error in IIS 6.0 and windows 2003

Question

Hello, In my windows 2003 box, I am not able to create new web applications. My old ones are working absolutely fine.

When I create a new one, when I try to browse the same I get the below mentioned error:

HTTP Error 404 - File or directory not found.

Answer 1

I believe some versions of IIS may indicate "not found" when they really mean "insufficient permission". I'd double check the permissions & authorization.