Use cot2x=sin2xcos2x, so x21−cot2x=x2sin2xsin2x−x2cos2x. With the series sin2x=x2−3x4+⋯ and x2cos2x=x2−x4+⋯ the numerator is 32x4 and the denominator is x4 as x→0, hence the limit is 32. The value 31 is what you get by dropping the cos2x expansion's x4 term, and 1 treats the two terms as cancelling at the leading order only.