Hosting ASP.NET Web Application on IIS 7

Step 1:   Control panel ->Programs -> Turn windows features on or off.                                Here, check all the IIS related options and press OK and then wait for couple of minutes.

Step 2: Type inetmgr command in start menu search option and press enter.

Step 3: Go to site -> default web site ->Add Application.

Step 4: Provide Alias and Physical path for your application.

Step 5: Select Application pool and set it to ASP.NET v4.0 then press OK.                                    (if ASP.NET v4.0 option is not available then first install Microsoft framework 4.0 on machine).

Step  6: Click on connect as.. button choose specific user -> press  set..

Step 7: Provide your window user log in credential and press OK.

Step 8: After that Test Settings and press Close and OK.

Step 9: Now browse your application through following navigation.                                        Right click application ->Manage Application -> Browse.

This last step will open a browser window in front of you, where you will see your web application start page. Now your hosted application is ready to use....enjoy!
https://www.youtube.com/watch?v=C8oykuBC0HA&t=2s