Yes (cautiously), but what USE would it be?
It does not remove the "track violation", it just changes its status.
Thanks for your reply. Actually if a line in a paragraph looks loose or tight, its because of our justification settings only. If you are giving tracking values, it will fill with words below line i.e it lends some character from next line. If we give positive tracking for a tight line, it will release some characters to next line. Is it possible to do this automatically?
Yes (still "cautiously"), but how would this differ from what InDesign already is doing automatically?
The tracking violation it shows is because there is no reasonable way to justify the text within the constraints given in the Justification dialog. If you want to allow tighter or looser tracking, specify this in this very same dialog!
There is still no guarantee that changing the allowance will remove *all* tracking violations; at least, unless you allow so much variance it becomes virtually unimportant how much your text is tracked.