Step 1: Concept Divide both the numerator and the denominator by $x^2$ to transform the integrand into a form suitable for substitution.
Step 2: Meaning The integral becomes $\int \frac{1 - 1/x^2}{(x^2 + 3 + 1/x^2) \tan^{-1}(x + 1/x)} dx$. We can rewrite the quadratic term as $x^2 + 1/x^2 + 3 = (x + 1/x)^2 + 1$.
Step 3: Analysis Let $t = \tan^{-1}(x + 1/x)$. Differentiating gives $dt = \frac{1}{1 + (x + 1/x)^2} \cdot (1 - 1/x^2) dx$. The numerator and the quadratic part of the denominator exactly match $dt$.
Step 4: Conclusion The integral reduces to $\int \frac{1}{t} dt = \log |t| + C$. Substituting $t$ back gives $\log | \tan^{-1}(x + 1/x) | + C$.
Final Answer: (A)