testcase_id,test description,expected result, actual
result,pass/fail, remark

a) Test case id
b) Test case name
c) Objective
d) Prerequisites
e) Steps to be executed
f) Test data
g) Expected result
h) Actual result
i) Status
j) Remarks

It seems to be the answers given by GOWDA and soujanya are 
related to the contents used for the testcases,but not for 
the test report.

There are two documents,which should be prepared at 
particual phase.
1.Test Results document.
2.Test Report document.

Test Results doc will be preapred at the phase of each type 
of Testing like FULL FUNCTIONAL TEST PASS,REGRESSION TEST 
PASS,SANITY TEST PASS etc...Test case execution againest 
the application.Once you prepared this doc,we will send the 
doc to our TL and PM.By seeing the Test Results doc ,TL 
will come to know the coverage part of the testcase.Here I 
am giving you the contents used in the Test Results doc.

1.Build No
2.Version Name
3.Client OS
4.Feature set
5.Main Feature
6.Defined Testcases on each feature.
7.QA engineer Name
8.Test ecases executed.(Includes pass and fail)
9.Testcases on HOLD(Includes blocking testcases and 
deferred Testcases)
10.Covereage Report(Which includes the coverage ratings in 
% ,like % of testcases covered,% of testcases failed)

Coming to Test report,generally we will prepare Test 
report ,once we rolled out the product to our client.This 
document will be prepared by TL and delivered to 
the client.Mainly,this document describes the what we have 
done in the project,chievements we have reached,our 
learnings in throughout the project etc...The other name 
for Test report is Project Closure Report and we will 
summerize the all the activities,which have taken place in 
through out the project.Here I am giving your the contents 
covered in the Test Report.
1.Test Environment(Should be covered the OS,Application or 
webservers,Mahchine names,Database,etc...)
2.Test Methods(Types of Tests,we have done in the project 
like Functional Testing,Platform Testing,regression 
Testing,etc..
3.Major areas Covered.
4.Bug Tracking Details.(Includes inflow and outflow of the 
bus in our delivered project)
5.Work schedule(When we start the testing and we finished)
6.Defect Analasys
6.1 Defects logged in different types of tests like 
Funcational Test,regressiion Test as per area wised.
6.2 State of the Defects at end of the Test cycle.
6.3 Root cause analysys for the bugs marked as NOT A BUG.
7.QA observations or learnings throught the life cycle.

Incase if I am wrond,please correct me.