Can a road bike BB work on track bike? I have Merida track 500. It comes with a 175mm FSA vero track crankset and JIS square taper cartridge.

I want to change it with Miche Pistard Air track crankset, 165mm and for that I need to change bottom bracket also.  

I wanted to know whether I can use road BB into my track bike. Here is the compatibility for Miche crankset.

BB compatibility:

-Evo Max 36x24tpi (ITA) - 1,370x24tpi (BSA)
-Evo Max 68x42 (BB30)
-Evo Max 68x46 (BB30)
-Evo Max 86,5x41 (PF86)
-Evo Max 86,5x46 (PF86)  

The size of Shimano BB I am looking forward to buy is BSA 1,37x24.

Will it go with the crack?

Please help ASAP. Are these two compatible?
Bottom brackets are incredibly confusing--there is a huge number of standards, and some of them refer to the diameter in the name, some the width, etc.

The compatibility chart for your new crankset lists BSA as an option. BSA uses the same bottom-bracket threading as JIS--which we know is already working on your bike--so that is the correct BB to get. What you'll be getting is just a set of thread-in cups and bearings, rather than the cups, bearings, and spindle as you had on your old BB.

Italian bottom brackets are also threaded, but the thread pattern is different. And the other BBs that the crankset is compatible with don't use threaded cups at all.