pass argument through url and use it in exposed filters in views I have  select box with taxonomy term ID's in it and when i change the term the respective content appears. This work well.

I am having the same term id's as click-able links on Left side block. I was thinking if i could pass a argument to a view from the URL and make the view content change as per the argument. Is it possible ?
Yes, you can do this with two views two views.

Create the first view for the the block showing the term ids. It should be possible to change the links the way the second view expects them. May be you need some PHP do achiev this.

With the second view you expect the term id as a filter and show the appropriate information.