Before you start, ensure that the oven is preheated to 375 degrees F (190 degrees C) and that the 10-inch Bundt® pan is greased and floured.
In a mixing bowl, blend together the cake mix, tomato soup, water, eggs, canola oil, carrot, and pecans until the ingredients combine to form a consistent batter. Transfer the batter into the prepared pan.
Place the pan into the preheated oven and bake until a toothpick inserted into the cake's center emerges clean. This usually takes approximately 45 minutes. Once the cake is done, flip the pan and remove the cake onto a cooling rack. Leave the cake to cool down to room temperature.
For the glaze, mix together the confectioners' sugar and lemon juice in a separate bowl. Stir until the glaze becomes smooth. Once the cake has cooled down, drizzle the glaze generously over the cake.