iPhone : In-App Purchase(s) must be submitted with a new app version

Question

I am trying to verify my in-app purchase.

For that I have uploaded my binary and added In-app purchase.

But at iTunes it is showing me like following

Answer 1

If the state of your application is Prepare For Upload you can perform the following steps:
- Log In ITunes Connect
- Select Manage Your Applications
- Select your application (or search for it)
- Go to View Details
- Select In App Purchases - Edit
- Check your purchase
- Select Save

However, if you have already checked the application as "ready to submit" and this is in fact your first in-app purchase, you can't submit the in-app purchase directly. The following steps worked out for me:
- Submit the application once it is ready (I discourage submitting a half baked package)
- Log into iTunes Connect
- Select Manage Your Applications
- Select your application (or search for it)
- Select View Details
- Select Binary Details in the Links section
- Select Reject Binary and confirm
- Go to the In App Purchases - Edit section (should be available now)
- Check your purchase
- Select Save

(Written according to the iTunes Connect Developer Guide 7.4)