Add besan, rice flour, carom seeds, baking soda, red chilli powder and salt in a bowl.
Heat oil in a frying pan over medium flame.
Dip paneer cubes in the the batter and fry it in oil.
Remove from the pan, drain the excess oil.
Sprinkle chaat masala and serve it.
Make sure to check if oil is ready. You can check by dropping a small ball of the batter in the hot oil and if it immediately comes on top immediately, oil is ready for deep frying.