Yes. The MAX9205/06 can be used to transmit the TDM signals. The ser-des pair like MAX9205/06 just simply serializes data from 10 parallel inputs, send it over STP cable, and deserialize it to corresponding parallel outputs at the other end.
To transmit the TDM data, users need a reference clock that is synchronous to audio serial clock (SCLK) and at least two times the frequency. For example, if audio signals has f=48KHz, 8 slots of 32 bits per frame, the serial clock of each TDM-8 channel is 48KHz*8*32=12.288MHz. It means the reference clock (TCLK) of the MAX9205 should be at least 24.46MHz.
A typical TDM channel has 3 signals which are Frame Sync, Serial Clock, Serial data. The MAX9205 has 10 parallel input (10 bit bus). So, the MAX9205/06 just support up to 3 TDM channels. If the users would like to transfer 4 TDM channels or more, they can use MAX9217/MAX9218 instead. These parts support 27 bit bus.
Please also make sure that the TDM signals meet the electrical and timing requirements specified in the MAX9205/MAX9206 datasheets.