Heat up oil in a pan and add mustard seeds to the pan.
When mustard seeds start spluttering add sliced onion to the pan and cook for 2-3 minutes over medium heat till the onion become translucent.
Now add turmeric powder, red chilli powder, salt, mix well and immediately add chopped tomatoes.
Cook this masala for 5-6 minutes over low medium heat till tomato become pulpy and soft. Add a tablespoon or two tablespoon of water if required and cook for 2 more minutes.
Now add cubed paneer and cook for one minute and add cubed bread.
Mix everything together gently and cook for a minute or so.
Top it with chopped green chilli (if you are using), peanuts, fresh pomegranate (if using) and chopped coriander leaves and serve hot.