Itr recieved after due date

 I have filed itr return before due date 31 July 14 For assessment year 2014-15 . But I failed to send the acknowledgement within 120 days .. and it shows Itr v received after due date ... ITR  was not processed . .. 

Though the refund was only 120 rs ... Hence I was bit lazy in sending the acknowledgement.
 Now  as of now .. wat can be done to process the return ... As I fear of monetary penalty in upcoming years ??. or a demand notice from IT department...??

 I have also filed a  condonation request for processing the itr again