We know that the problem “Does this Turing machine take at least this finite number of steps on that input?” is decidable, because it will always answer yes or no, where it will say yes if the machine reaches the given number of steps and no if it halts before that.
Now here is my doubt: if it halts before reaching those many steps — i.e. the input either (1) got accepted or (2) got rejected or maybe (3)if it doesn’t halt but rather goes into an infinite loop — then, when we are in case (3), how can we be sure that it will always be in that loop? What I mean to say is that if it doesn't run forever but comes out of the loop at some point of time then it might cross the asked number of steps and the decision can be made now which was earlier not possible. If so, then how can we conclude that it's decidable when we know that being stuck in a loop we won’t be able to say anything about the outcome?
(I already more or less answered your question when I edited it.)
The thing is, the decision system (a Turing machine, an algorithm or any other equivalent formalism) that takes as inputs a Turing machine M, a number N and a value X, and returns yes or no, has total control over how it executes M on X. It simulates it step by step. So it can run one step of M(X), increment an instruction counter, compare it to N and, as soon as the given number of steps is reached, it stops and returns yes. At that point, there is no need that the simulated machine M be in a final state, and actually the full computation M(X) could very well diverge. We don’t care, because we only run the first N steps.