In a large bowl, stir together flour, baking powder and salt. Cut in the shortening or lard with a spoon until there are no large pieces.
Stir in the water slowly until until a soft ball forms. With your hands, knead the dough for 4 to 5 minutes. Cover with a towel and let rest for 20 minutes.
Meanwhile, place about 2 inches deep of the fry oil in a Dutch oven or cast iron skillet. Heat to 360 to 370 degrees F.
Roll the dough out on floured surface to about ⅛-inch thick. Cut the dough out into about 12 (roughly 3x3-incsquares.
Place the squares in the oil, a few at a time. When they float and slightly begin to puff up, take a spoon and flick oil up on top of the squares repeatedly until they puff up and turn a light golden brown, about 2 to 3 minutes. Drain on paper towels and serve warm with butter, honey and/or powdered sugar.
Notes
Tip: You can turn the squares over while frying, but they puff up better when you spoon oil on top of them while frying. Check out our video for the how-to video.