Marinate paneer for half an hour with 2tsp cornflour, 1/2tsp soya sauce & vinegar,1/2tsp of salt & 1tsp of ginger garlic paste.
Shallow fry them with 1 tsp oil in a non stick pan.
Shallow fry peanuts separately .they should not burn.
In a pan,heat 1tsp oil.add ginger garlic paste and saute red chillies also with it.
Add onion and capsicum.saute for 2 mins.
Add soya sauce,vinegar and salt to taste.
Add shallow fried paneer with peanuts.
Add some water if you want gravy..its optional.