Step 1: Understanding Late Paleozoic glaciation.
Late Paleozoic glaciation is evidence of glaciers that existed during the late Carboniferous to early Permian periods. This glaciation left geological evidence in the form of glacial deposits and striations.
Step 2: Analyzing the options.
(A) Panchet Formation: This formation does not record evidence of Late Paleozoic glaciation.
(B) Talchir Formation: Correct — The Talchir Formation, located in India, contains evidence of Late Paleozoic glaciation.
(C) Motur Formation: This formation does not contain evidence of glaciation.
(D) Barakar Formation: This formation is associated with other types of sedimentary deposits, not glaciation.
Step 3: Conclusion.
The correct answer is (B) Talchir Formation, which records evidence of Late Paleozoic glaciation.