Grate the paneer or crumble it properly with the help of fingers in a wide bowl.
Take a large boiled potato. Peel and mash it. Add it to the crumbled paneer.
Now add 2 teaspoons of red chili powder, 1 teaspoon of garam masala, 1/4 teaspoon of turmeric powder, half a teaspoon of chat masala, half a teaspoon of red chili flakes and salt to it. You can adjust the spices according to your choice.
Mix it properly with the help of fingers or a fork.
Now, add 2-3 tablespoons of rice flour to it and mix well.
Grease your palm with oil or butter, take a spoonful of paneer potato mixture and give it a round shape as shown below.
Make all the paneer balls as above. Now paneer potato balls are ready to fry. Keep them aside.
Take a tablespoon of rice flour or corn flour in a small bowl. Make a thick paste from it by adding a little water to it.
Dip the ready-to-fry paneer ball in the above mixture and coat it properly.
Then coat it with dry rice flour or breadcrumbs.
Heat the oil in a pan. And, fry the paneer potato balls on medium flame until it turns golden crispy from all sides.
Serve the hot homemade paneer potato balls with tomato ketchup.