"The selectors are likely to name him in the squad subject to him proving his match fitness (in the Ranji Trophy)," BCCI sources said today.
The Indian squad is scheduled to leave for Australia on December 13 from Chennai.
Zaheer, who broke down after bowling only 13.3 overs in the opening Test against England at Lord's, has undergone an ankle surgery and has started practising.
He was seen bowling at the Indian team's nets yesterday at the Wankhede stadium here though he is not in the squad to take on the West Indies in the third and final Test commencing tomorrow.
Zaheer is scheduled to play for Mumbai in their fourth Ranji Trophy Elite Group A league match against Orissa at Cuttack later this month.
The squad for the one-day series against West Indies is scheduled to be picked on November 25.
India are scheduled to play five one-dayers against the Caribbean tourists after the conclusion of the three-test rubber.