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  • RE: Tax rule while transferring money from India to UK

    Hi, I have a property in India that has been taken over by relatives and despite numerous trips since 2014 we are fighting legal cases to get it back. I took out a personal loan and sent money to India to cover the legal costs etc. If we do finally manage to get our property back can we bring the money back to the UK following the sale of the property and will we be taxed on the money including the loan money that we have not used? Also, does this not qualify under the dual taxation regime otherwise if you are taxed by both countries then there is very little left to bring over.