Hi and welcome to LQ!
Is this part of an LFS build?
You probably created the binutils-build directory from the wrong location. Re-read
this part (second
Important box, points 2 and 3).
For this specific case:
Code:
cd $LFS/sources
tar xf binutils-2.23.1.tar.bz2
cd binutils-2.23.1
mkdir -v ../binutils-build
cd ../binutils-build
../binutils-2.23.1/configure ........
PS: Next time use a more descriptive thread title. Most people that post need help.