Google’s Gemini 2.5 Pro AI can help in Smarter Tax & Finance Practice – Concepts from I/O 2025

Google announced a vast array of updates across its ecosystem, with Gemini enhanced android and apple devices being at the centre of it all
Google’s Gemini - AI can help in Smarter Tax & Finance Practice - Smarter Tax & Finance Practice - taxscanGoogle’s Gemini - AI can help in Smarter Tax & Finance Practice - Smarter Tax & Finance Practice - taxscan

As artificial intelligence (AI) continues to redefine professional working methods and the way people engage with information and decision-making, tech behemoth Google has announced the current apex predator of generative AI – the Gemini 2.5 Pro.

Unveiled at I/O 2025, the Gemini 2.5 Pro offers a unique opportunity for tax and finance professionals to redefine how they work. Traditionally poised as data-heavy and compliance-bound fields, taxation, auditing, and corporate finance now find themselves on the cusp of stepping into a world larger than ever envisioned, with Gemini delivering context-aware reasoning, visual intelligence, and cross-platform integration – right from your phone.

While the concepts discussed in this article have not been explicitly revealed or discussed by Google, we seek to offer a practical, forward-thinking exploration of how Gemini can augment critical functions like statutory interpretation, field audits, risk analysis, presentation building, and more.

Let’s look at how the latest tools can become a powerful co-pilot in the daily practice of professionals in these domains.

For tax consultants, financial officers, auditors, or finance controllers, each day brings about a new layer of complexity. Be it the intricacies of Goods and Services Tax (GST) input reconciliations, interpreting nuanced clauses of the Income Tax Act or in the preparation for a limited scrutiny under Section 143(2), AI can be leveraged to one’s advantage.

Stay Updated with the Latest Audit Report Formats & Audit Trials Requirements!, Click Here

Gemini 2.5 Pro introduces notable features like Real-Time Visual Assistance, Deep Think, Deep Research, and creative aids like Imagen and Veo, Google signals a paradigm shift, bringing forth not just mere automation, but an extra brain that collaborates, reasons, and contextualizes with you.

Beyond Detection: Why GST Evasion Still Thrives in India Despite E-Invoicing and AI Surveillance Read More

Real-Time Visual Assistance

Gemini’s Live camera feature now allows users to point their phone at physical documents, screens, or even environments, and receive instant insights. This feature is particularly useful in tax practice, where much of the workflow is based on physical documents and referenced resources.

Practical Applications

Field Audits: Auditors can scan a stack of vendor invoices and ask Gemini to highlight mismatches within the GSTR forms, aiding in identifying fake or non-compliant suppliers on-site, without waiting to return to office systems.

Scrutiny Preparation: A tax professional can point their phone’s camera at printed Forms or tax audit reports and prompt Gemini to highlight any disclosures that may trigger penal exposure. Gemini may significantly reduce the time typically spent manually reviewing such documents.

Inventory Validation: For GST or customs audits, professionals can use the camera to document inventory, capture valuation tags, and instantly match them with claimed ITC or input entries.

Deep Think: Interpreting Statutes and Reasoning Complexities

Tax laws often present interpretive challenges due to overlapping clauses, exceptions, retrospective amendments, and dependence on precedents in law. Professionals are required to between the lines, apply logic to the unique facts, and craft credible positions and arguments for litigation purposes or regulatory review.

Gemini’s Deep Think capability supports this process by simulating a layered thought model. Deep Think is particularly helpful when professionals are dealing with provisions that require reconciling multiple sections, or when the implications of a change in rule needs to be examined in the context of pre-existing assessments or corporate structures.

Stay Updated with the Latest Audit Report Formats & Audit Trials Requirements!, Click Here

The reasoning tool helps reduce the time taken to analyze difficult scenarios, by directly creating analysis and conclusions on the basis of the vast repository of data and computing power that it holds.

Chartered Accountant uses ChatGPT to clear CA Inter & Final Exams with Exemption: Calls on Professionals to Leverage AI Read More

Deep Research: Personalized Insights for Compliance, Risk, and Due Diligence

Research in finance is rarely just about finding information, it’s about applying the information to specific business contexts. For example, evaluating the risk exposure of a business entity during a tax due diligence exercise involves assessing historical filings, intercompany transactions, and correspondence with tax authorities.

Gemini’s Deep Research functionality allows users to upload and collate documents such as financial statements, audit reports, statutory notices, and tribunal orders, and then query the AI for specific insights or red flags.

This process enables professionals to spot patterns, uncover mismatches, and identify anomalies that may be lost in manual document reviews. It’s particularly useful during multi-period reconciliations, transfer pricing documentation, or internal controls testing, where data variety and volume can hamper decision-making.

Imagen & Veo: Creative Tools for Non-Creative Roles

Let’s face it, communication of tax and finance data often lack visual appeal and can be grossly inaccessible to decision-makers. Yet, modern professionals are increasingly expected to explain technical insights to stakeholders from legal, operational, or strategic backgrounds with utmost clarity.

Imagen, a text-to-image tool, and Veo, a text-to-video tool, can help bridge this communication gap. Rather than relying solely on spreadsheets and bullet points, professionals can use these tools to create simplified visual explanations of complex structures or trends, such as how tax optimization may work under a particular treaty, or how a certain tax statute has evolved across fiscal periods.

The dealbreaker is that these tools do not require design expertise to pilot, they simply enable professionals to present insights in board meetings, client briefings, or internal training sessions in clear, modern, and engaging formats.

Stay Updated with the Latest Audit Report Formats & Audit Trials Requirements!, Click Here

SATYAM SCAM: ITAT Orders Fresh Assessment for Tech Mahindra based on Telangana HC Verdict Read More

Seamless Integration Across Google Workspace and Chrome

One of Gemini’s most strategic advantages is its integration across Google’s core productivity tools – Gmail, Docs, Sheets, Calendar, and Chrome. The integration features allow professionals to stay within their existing workflow while gaining enhanced AI functionality.

In tasks such as drafting a response to a tax authority, summarizing a compliance timeline, or preparing an audit checklist, Gemini can help by generating relevant content, refining tone, refining formatting and ensuring consistency across drafts.

In spreadsheets, it enables conversational queries such as identifying threshold breaches, cash payment violations, or ratio anomalies, without the need for complex formulas.

Instead of using technical formulas (Eg:IF, VLOOKUP, SUMIFS, etc.), Gemini allows you to ask questions in natural language and receive solutions, much like how you would approach a colleague for help.

This seamless environment minimizes switching between tabs, allowing professionals to remain focused on the job at hand.

Charting a Path Forward

Gemini 2.5 Pro is not Harry Potter’s magic wand – but it is a highly capable tool that professionals can gradually adopt to enhance their analytical depth, compliance precision, and communication methods.

As AI adoption becomes a competitive edge, early engagement with tools like Gemini will help tax and finance professionals position themselves not only as technical experts but as tech-enablers within their organizations.

Support our journalism by subscribing to Taxscan premium. Follow us on Telegram for quick updates

taxscan-loader