What are all the permission need to set for the hosted folde

Question

Hi sir,
   Tell me  the permission to set for the hosted folder in IIS 8. I am getting the below error while i host the application in IIS Server.  I am using windows server 2012 web server with IIS 8. Kindly give me the solution for these problem.





Server Error in '/MyService' Application.
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Access is denied.
  Description: An error occurred while accessing the resources required to serve this request. You might not have permission to view the requested resources.

 Error message 401.3: You do not have permission to view this directory or page using the credentials you supplied (access denied due to Access Control Lists). Ask the Web server's administrator to give you access to 'C:\HostedApp\MyAndroidService'.


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Version Information: Microsoft .NET Framework Version:4.0.30319; ASP.NET Version:4.0.30319.18045