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The expected occupation time (up to time N) of this Markov process, named as h(N), plays an essential role in our result. We impose on h(N) a regularly varying property as \\(N\\to \\infty\\), which a large class of transition probabilities does satisfy. Some features of our result are:    (a) The large deviation tails decay like \\(\\exp [-Nh^{-1}(N)I(\\cdot)]\\), more slowly than the known exp[-NI(\\(\\cdot)]\\) type of decay in transient situations. (b) Our rate function I(\\(\\lambda\\) (\\(\\cdot))\\) equals infinity unless \\(\\lambda\\) (\\(\\cdot)\\) is an invariant distribution. (c) Our rate function is explicit and is rather insensitive to the underlying Markov process. For instance, if we randomized the time steps of a Markov chain by exponential waiting time of mean 1, the resultant system obeys exactly the same large deviation 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