The present study deals with the shear lag phenomenon in cold formed angles under tension, which are connected on one leg. A new expression for shear lag factor which represents the net section reduction coefficient has been suggested in the present paper. The proposed expression based on the regression analysis of 108 experimental results reported in the literature is validated by experiments involving net section failure in angles under tension. Totally 18 experiments were carried out on single angles fastened with bolts to the gusset plates under tension loaded upto net section rupture mode of failure. The experimental test parameters considered are number of bolts, pitch and shear lag distances and ratio of connected leg length to unconnected leg length. The tensile capacities are evaluated by various specifications such as AS/NZS:4600:2005, NAS:2001, AISC:2005, BS:5950-Part5:1998, IS:800-2007 and the proposed equation. A comparative study of tensile capacities predicted based on various codes and the experiment results is presented in this paper. For the tested range of specimens, both NAS:2001 and AISC:2005 standards over-predicted the capacities for all the specimens. The IS:800-2007 and AS/NZS 4600:2005 predictions are good for the specimens with three bolted connections and unconservative in the case of specimen with two bolts. Both BS:5950-Part-5:1998 and the proposed equation for IS:801 predict good estimate of the tensile capacity of cold formed angle members. The proposed equation for cold formed steel tension members, which is in the same format of IS:800 (2007) (Indian code for Hot rolled steel design), has been demonstrated to be good. © 2011 Elsevier Ltd. All rights reserved.