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ŚB 8.3.4

य: स्वात्मनीदं निजमाययार्पितं
क्‍वचिद् विभातं क्‍व च तत् तिरोहितम् ।
अविद्धद‍ृक् साक्ष्युभयं तदीक्षते
स आत्ममूलोऽवतु मां परात्पर: ॥ ४ ॥
yaḥ svātmanīdaṁ nija-māyayārpitaṁ
kvacid vibhātaṁ kva ca tat tirohitam
aviddha-dṛk sākṣy ubhayaṁ tad īkṣate
sa ātma-mūlo ’vatu māṁ parāt-paraḥ

Synonyms

yaḥthe Supreme Personality of Godhead who; sva-ātmaniin Him; idamthis cosmic manifestation; nija-māyayāby His own potency; arpitaminvested; kvacitsometimes, at the beginning of a kalpa; vibhātamit is manifested; kva casometimes, during dissolution; tatthat (manifestation); tirohitamnot visible; aviddha-dṛkHe sees everything (in all these circumstances); sākṣīthe witness; ubhayamboth (manifestation and annihilation); tat īkṣatesees everything, without loss of sight; saḥthat Supreme Personality of Godhead; ātma-mūlaḥself-sufficient, having no other cause; avatuplease give protection; māmunto me; parāt-paraḥHe is transcendental to transcendental, or above all transcendence.

Translation

The Supreme Personality of Godhead, by expanding His own energy, keeps this cosmic manifestation visible and again sometimes renders it invisible. He is both the supreme cause and the supreme result, the observer and the witness, in all circumstances. Thus He is transcendental to everything. May that Supreme Personality of Godhead give me protection.

Purport

The Supreme Personality of Godhead has multipotencies (parāsya śaktir vividhaiva śrūyate). Therefore, as soon as He likes, He uses one of His potencies, and by that expansion He creates this cosmic manifestation. Again, when the cosmic manifestation is annihilated, it rests in Him. Nonetheless, He is infallibly the supreme observer. Under any circumstances, the Supreme Lord is changeless. He is simply a witness and is aloof from all creation and annihilation.