Version/build fields for an iOS app include:
"Version" CFBundleShortVersionString (String - iOS, OS X) specifies the release versi
CFBundleVersion and CFBundleShortVersionString must be greater than the app's last version number. It's a good practice to keep them same. You should find them in your -info.plist.
When you try to validate the app in organizer it will throw an error if either of them has not been incremented. Happened to me last night.