If you multiply your numerator and denominator by $\cos^2 x$ and use $\sin^2 x=1-\cos^2 x$, the expression becomes $$\frac {3-4\cos^2 x}{1-4\cos^2 x}$$
Now set $z=4\cos^2 x$ and note that $0\le z \le 4$ and the function becomes $$\frac {z-3}{z-1}=1-\frac 2{z-1}$$
You should be able to sketch that to see what is happening - the proof will then be easy.
If $z\gt 1$ then $\frac 2{z-1}\gt 0$ and is decreasing with increasing $z$. For this without calculus suppose $w\gt z\gt 1$ then $\frac 2{z-1}-\frac 2{w-1}=\frac {2(w-z)}{(z-1)(w-1)}\gt 0$. It can clearly be made as large as we like by choosing $z$ close to $1$, and for a decreasing function the minimum value will occur when $z$ is as large as possible and will therefore be $\frac 23$.
Since we are subtracting this term from $1$ the signs are reversed and for $z\gt 1$ the range of values is $(-\infty, \frac 13]$.
When $z\lt 1$ a similar analysis shows the range to be $[3,\infty)$
Note therefore that your original $y$ cannot take values in the open interval $(\frac 13, 3)$. This is because $0\le 4\cos^2 x\le 4$ - if the value of $z=4\cos^2 x$ were unconstrained you would be able to obtain every real value except $y=1$.
for $ z < 1 $ $ y = 3 $ correct? But is there any explanation why did we leave $ (\frac 13, 3] $ ? I mean I get it that $y$ can't be equal to this region of values but how do we know for certain that none of the values in this region will ever be able to satisfy the original equation i.e. $ y = \frac {tan3x}{tanx} $ ?
– Shubham Sep 27 '14 at 17:38$ \therefore y \notin (1/3,3]$ We had the equation $ y = 1 - \frac 2{z-1}$ Now if we rewrite this in terms of $ z = \frac 2{1-y} + 1 $ and then put this equation in place of $z$ in $ 0 \le z \le 4 $ we get $ \frac13 \le y \le 3 $ Where am I wrong here? :( – Shubham Sep 27 '14 at 18:46