firstly, in a large mixing bowl take butter and condensed milk.
beat smooth and fluffy till the butter and condensed milk combines well.
further add milk, vanilla extract, red food colour and vinegar.
beat and combine well.
also sieve in maida, cocoa powder, baking soda, baking powder and salt.
beat the batter on low speed till everything combines well.
bake the cake at 180 degree celsius or 356 degree fahrenheit for 40 minutes.
cool down the cake completely.
finally, layer and decorate the eggless red velvet cake with cream cheese frosting.