Exam Question: Through The Basket From Below ...

[Nevadaref]

An augment can definitely be made that this is a violation. Notice that the definition of the basket specifies that the net must be suspended from beneath the ring. That is the proper position for the net on a legal basket.
Since the ball has now passed completely through the space in which the net is specified to be on a legal basket and through the ring, it can be considered to have passed through a legal basket. It does not need to pass through the net as it is stretched above the level of the ring because that is not its legal position.