Capital gain exemption under section 54 for private trust

Dear all,

I request your valuable response on whether capital gain exemption under section 54 of IT Act, 1961 is available to a private trust.

The trust is a private investment trust having a house property which it sold and plans to reinvest the same in another house property. Will it be able to claim exemption under section 54 since exemption under this section is available to individuals and HUF only. Further which ITR is used by private trusts to file return of income?  

Thanks

avinash