As per the case facts, various clubs were subject to income tax assessments on interest earned from fixed deposits and income generated from non-members. The appeal to the Supreme Court ... challenged the High Court's rulings on the taxability of these income sources. The question arose whether interest income earned by clubs from bank deposits and income from non-members should be considered taxable income under the Income Tax Act. Finally, the Supreme Court affirmed that interest income from fixed deposits and income from non-members are taxable under Section 2(24) of the Income Tax Act, upholding the