The most common and most likely answer to this crossword clue is the 10 letter word RECAPTURES
I've seen this crossword clue in The Daily Telegraph
R
E
C
A
P
T
U
R
E
S
Buddy explains!
The straight part
We know that "Takes back" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case takes back = recaptures.The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.
What does RECAPTURES mean?
RECAPTURES noun- The act of capturing again.
- That which is captured back; a prize retaken.
- The retroactive collection of taxes that were not collectible at the time.
- To capture something for a second or subsequent time, especially after a loss.