So that you can easily add the Application purchased on you new iPhone, iPad or iPod, no need to download it again and again it will be secured remain in the your computer so that you can easily sync your apple devices.
Transfer Purchases will download all purchased Application on to your computer and it will show in iTunes Application library.
So in New iTunes some of people can't find where the Transfer Purchases option is gone.
So in this post i will locate where the Transfer Purchase option is present.
Here it goes connect your Apple Device to your computer than open iTunes Software than follow the rest instructions
File > Devices > Transfer Purchases from (Apple Device Name)
Below Screenshot views the Transfer Purchases in iTunes Software.
So in this post we have solved where we can find the Transfer Purchases option in New iTunes Software.
This Option in iTunes is same on MAC Computer and as well as Windows Computer.
Note : First you will have to Authorized your Computer in iTunes Software to do transfer purchases.
Also Read our article: Authorizing Computer iTunes