Good Luck OP I believe thats just more herping and derping than anything else. For some it helps them control calories and hunger a little better, which could indirectly lead to better fat loss.
Good Luck OP I don't think its possible to burn fat and gain muscle even on IF. At most IF will keep you at around the same bf% throughout your bulk and minimize fat gains. But IF is nothing too magical, you still need to be at a deficit to burn fat, on a surplus to gain muscle.