Madhvācārya’s Bhāgavatatātparyanirṇaya is the oldest Bhāgavata commentary available to us, most probably predating the Advaitic commentary of Śrīdhara. Thus Madhva’s commentary occupies a crucial place in the development of the Bhāgavata tradition. In this paper, I examine Madhva’s commentary on the first verse of the Bhāgavatapurāṇa, focusing on his exegesis. In so doing, I shall point out how Madhva emphasizes what are arguably the two most important doctrines of Dvaita Vedānta, namely, Viṣṇu’s absolute independence and the reality of the world. (...) With this teaching Madhva vehemently rejects absolute monism and the idea that the world is illusory, which, we might say, are the core doctrines of Advaita Vedānta. This paper is also a modest attempt to revise the general perception of Vedānta as ‘the exegetical tradition on the prasthānatraya’. I argue that we need to include commentaries on the purāṇas within our understanding of Vedāntic discourse since, starting with Madhva, the purāṇas such as the Bhāgavata became an important text for Vedānta authors to comment upon. This is evidenced by the proliferation of commentaries on the Bhāgavata in the early modern period. The Bhāgavatapurāṇa attracted commentaries produced not only by Vaiṣṇava authors such as Sanātana, Jīva, Vallabha and Vīrarāghava but also by Advaita authors like Madhusūdana Sarasvatī and Śaivas such as Rāghavānanda. In this connection, toward the end of this paper I will point out Madhva’s influence on the Gauḍīya school that flourished in the early modern period. (shrink)