That Karma which is done in a previous life is known as Prarabdha (which produces the present life). But such Karma cannot take the place of Prarabdha (for a man of knowledge), as he has no other birth (being free from ego).

 That Karma which is done in a previous life which produces the present life is mere religious theory, because when ‘ego’ (waking entity) itself is not self but the  self is  birth less soul. soul is birthless because it is formless. 

Karma theory has no value in the realm of truth, as self has no birth. The one which is born, lives and dies is the false entity(ego or waking entity) within the false experience(waking).

Just as the body and the world in a dream is superimposed and therefore illusory, so is also this body and the world in the waking is superimposed. The birth, life, death and world are part of the waking experience and waking is superimposed, and in the absence of waking, which contains the body and the world there is no room for karma at all.

The ignorance to be verily the material /cause  of the universe(duality) just as water is of a cloud. If the ignorance is destroyed, how can the three states subsist?

Just as a person out of confusion perceives only the snake leaving aside the rope, so does an ignorant person experiences the world within the waking without knowing their reality? The real nature of the rope being known, the appearance of the snake no longer persists; so the substratum being known, the waking no longer remains as real.

Gaudapada says: - The merciful Veda teaches karma and upaasana to people of lower and middling intellect, while jnana is taught to those of higher intellect.

So they clearly indicate rituals and theories are not meant for those who are searching for the higher knowledge or wisdom.   The path of wisdom is the only means. 

 

Sage Sri, Sankara says in Aparokshanubhuti:-

   88. When the whole universe, movable and immovable, is known to be Atman, and thus the existence of everything else is negated, where is then any room to say that the body is Atman?

  89. O enlightened one; pass your time always contemplating on Atman while you are experiencing all the results of Prarabdha; for it ill becomes you to feel distressed.

90. The theory one hears of from the scripture, that Prarabdha does not lose its hold upon one even after the origination of the knowledge of Atman, is now being refuted.

91. After the origination of the knowledge of Reality, Prarabdha verily ceases to exist, inasmuch as the body and the like become non-existent; just as a dream does not exist on waking.

92. That Karma which is done in a previous life is known as Prarabdha (which produces the present life). But such Karma cannot take the place of Prarabdha (for a man of knowledge), as he has no other birth (being free from ego).

93. Just as the body in a dream is superimposed (and therefore illusory), so is also this body. How could there be any birth of the superimposed (body), and in the absence of birth (of the body) where is the room for that (i.e., Prarabdha) at all?

94. The Vedanta texts declare ignorance to be verily the material (cause) of the phenomenal world just as earth is of a jar. That (ignorance) being destroyed, where can the universe subsist?

 95. Just as a person out of confusion perceives only the snake leaving aside the rope, so does an ignorant person see only the phenomenal world without knowing the reality?

    96. The real nature of the rope being known, the appearance of the snake no longer persists; so the substratum being known, the phenomenal world disappears completely.

     97. The body also being within the phenomenal world (and therefore unreal), how could Prarabdha exist? It is, therefore, for the understanding of the ignorant alone that the Shruti speaks of Prarabdha.

     98. “And all the actions of a man perish when he realizes that (Atman) which is both the higher and the lower”. Here the clear use of the plural by the Shruti is to negate Prarabdha as well.

   99. If the ignorant still arbitrarily maintain this, they will not only involve themselves into two absurdities but will also run the risk of forgoing the Vedantic conclusion. So one should accept those Shrutis alone from which proceeds true knowledge.

The above proves that the karma is reality only on the base of false self, where one thinks body and the universe as reality. When one becomes aware of the fact that, the true self is formless soul, then the karma becomes part and parcel of illusion.   My point is that, if one accepts the karma theory as reality, he will never be able to come out of the ignorance. And ignorance makes him believe the cycle of birth, life and death or pain and pleasure as reality.  Thus the freedom which one is seeking will remain distant dream. For the one who accepts the birth life and death as reality, Self-knowledge is impossible.

Thus it is necessary for the seeker of truth to know the fact that, the body which is born, lives and dies is not the self. Since he is taking the body to be the self, he is experiencing the duality as reality. 

As Sage  Sri, Sankara says:  When the whole universe, movable and immovable, is known to be Atman, and thus the existence of everything else is negated, where is then any room to say that the body is Atman.

If body is not the Atman(soul) , the innermost self, then the karma theory has no meaning on the standpoint of the truth. Thus no second thing exists other than Atman(soul) , therefore why to view the worldview on the standpoint of the body as self (ego or waking entity) when the body (ego or waking entity)  is the false self, and the soul or Atman is the true self.