Preheat oven to 350ºF. Spray a 9-inch springform pan with nonstick cooking spray.
In a mixing bowl, whisk together the flour, baking powder, baking soda, and salt until combined; set aside.
In the bowl of a stand mixer fitted with a paddle attachment, beat the butter and sugar together on medium speed until lightened and creamy. Beat in the egg until combined, scraping down the sides and bottom of the bowl as needed. Beat in the sour cream, vanilla, lemon juice, and zest on medium speed.
Pour the dry ingredients into the wet ingredients and mix until combined. Add the milk and mix until just combined, scraping down the sides and bottom of the bowl as needed.
Pour batter into prepared pan, smoothing out evenly. Bake for 18-22 minutes, or until a toothpick inserted in the center comes out clean. Allow to cool in the pan completely.
Once completely cool, wrap a sheet of acetate (or parchment paper) about 6 inches tall around the edges of the cake to create a "wall".