Getting Taxonomy content from a Drupal node.

gistfile1.php

<?php

function get_taxonomy_content($tid, $limit = 10) {
/** 
A note on variables:
field_data_field_article_rating --- this is the name of taxonomy table you're referring to
field_article_rating_tid --- this is the name of the term ID column in the table above
**/

  $out = array();


  $query = db_select('node', 'n');  
  $query->join('field_data_field_article_rating', 'c', 'n.nid = c.entity_id');
  $query->condition('n.status', 1, '=')
        ->condition('c.field_article_rating_tid', $tid)
        ->fields('n', array('nid', 'title'))
        ->orderBy('n.type', 'ASC');

  $query =  $query->extend('PagerDefault')->limit($limit);


  $result = $query->execute();

  foreach($result as $row){  
    // first we get the node content
    $nodeObj        = node_view(node_load($row->nid),'teaser');  
    // then we get the node URL
    $options = array('absolute' => TRUE);
    $url = url('node/' . $row->nid, $options);
    // then we output an array
    $out[$row->nid] = array('nid'=>$row->nid, 'title'=>$row->title, 'obj'=>$nodeObj, 'url'=>$url);      
  } // end foreach

  return $out;

}
?>