Cut the veggies and paneer length wise and keep aside.
In a kadai/pan, heat oil, once oil is hot, add cumin seeds let them sizzle.
Then add sliced onions ,minced ginger, garlic and saute for 2-3 minutes on medium heat until light brown.
Next add the spices like turmeric powder, red chilli powder, coriander powder, salt and a splash of water and saute the masala on medium high heat another minute.
Make sure to add the water else spices will burn.
Add the bell peppers and continue sautéing them for another 2-3 minutes till they tender and cooked.
Add sliced tomato and tomato puree and saute for a minute until the tomatoes soften.
Finally add the paneer, garam masala, toss well to coat with all the spices. Cover and simmer for 2-3 minutes. You can also add kasthuri methi at this stage.
Lastly, Squeeze from fresh lime juice and sprinkle some freshly chopped coriander leaves.
Paneer Jalfrezi is ready to serve with naan or rice.