Candana yatra starts on this day, which is celebrated as well as the day on which treta yuga began. Barley, one of the main ingredients for homa, which is the yuga dharma of Treta Yuga, was also created on this day. Ganga devi also descended to earth on this day. Many common people have special puja on this day. One should bathe in a sacred river, give charity, perform japa and offer barley in a sacred fire, and offer barley preparations to the deity.

Akshaya Tritiya day is the very auspicious day - there's no inauspiciousness to be found today so even checking muhurthas is considered unnecessary, so auspicious it is. Whatever one does for devotees, and for Krsna that person will get more benefit and it is eternal benefit and never lost.
    He said one story of a brahmana: there was a brahmana who had a very good wife and was poor. Whatever little money he got would get spent somehow. Also he did not have children. So under the strong request of his wife he went to Vasishta muni to know the reason for his suffering. Vasishta muni told him that in his previous life he was very rich and also had many children. But he was very stingy, he was not even spending for his own children. This is the reason for his being poor, also without children. Then that brahmana asked Vasishta muni why he got a good wife. So that Muni replied that somehow with some reason, he observed that the vrata of Vaishaka month for the last 5 days. So he got a good wife and also the brahmana birth. Then the muni advised him to follow at least the last 7 days left of Vaishaka month, with devotion to Lord Krsna.

Since that brahmana observed the vrata of Vaishaka month for that at least the left out 7 days, he got sons, he became rich, ultimately he got Love of Godhead and went back to the spiritual world!

It is important to hear such a story/pastimes as this so that at least by hearing this, we engage ourselves in the service of Guru, the Vaishnavas and Krsna. Thus becoming inspired to always render service the devotee is always the beneficiary of such interaction with the Vaishnavas, one's Guru and Lord Sri Krishna.

Akshaya tritiiyaa: (from the Calendar of the Madhwa Vaishnavas)
The third day in the bright fortnight of vaishaakha is the day of the incarnation of Lord Vishnu as Parashurama. The icon is decorated with an axe, to depict Him in a heroic pose.

This coincides with the anniversary of passing of Sri Vijayadhvaja Tiirtha, the sixth piiThaadhipati in the lineage of Sri Pejawar Mutt. He is famous for his commentary upon the Srimad Bhaagavata epic.  He lived in the 15th century and his vrindavana (samadhi) is in Kanva Tiirtha. There is also a pipal tree by the side of the vrindavana under which he is believed to have written his commentary.

During the tenure of Sri Pejawar MaTha a special festival is arranged in Sri Krishna Mutt on this day and the akshaya paatra given by Sri Madhva is offered a special puuja. This akshaya patra is said to have been given by the Sun god, it is the same pot that mother Draupadi used to cook in. It is said that from the time of turning it upwards for use on a day the pot will provide unlimited amounts of foodstuffs for the satisfaction of the Lord. There is a story in this connection wherein the angry sage Durvasas came to Draupadi demanding foods: