yes , it can be
for example if you want to write to " write protected memory " then in this scenario A TLB exists and hit will occur but the translated address leads to a trap because you're trying to write to a memory that's read-only
or second case may be you are trying to access dirty page
page fault may be due to
1)a missing page or
2)a dirty page or
3)access permission mismatch. So a TLB hit can still lead to a page fault