This is what you can do:
var lookup =
dt
.AsEnumerable()
.ToLookup(p => p.Field<int?>("ParentId"));
Now if you want the root elements do this:
var roots = lookup[null];
And if you want any children, given the parentId, you do this:
var children = lookup[parentId];
Simple, huh?
Here's some code based on your edit.
I defined my list of items using an anonymous type:
var items = new []
{
new { QuotationItemId = 54, ParentId = (int?)null, Description = "0000", },
new { QuotationItemId = 55, ParentId = (int?)60, Description = "Product 55", },
new { QuotationItemId = 56, ParentId = (int?)60, Description = "Product 56", },
new { QuotationItemId = 57, ParentId = (int?)54, Description = "Category 57", },
new { QuotationItemId = 58, ParentId = (int?)57, Description = "Sub Category 58", },
new { QuotationItemId = 59, ParentId = (int?)58, Description = "Product 59", },
new { QuotationItemId = 60, ParentId = (int?)58, Description = "Standard Ratel", },
new { QuotationItemId = 61, ParentId = (int?)60, Description = "Product 61", },
new { QuotationItemId = 62, ParentId = (int?)null, Description = "Stage 62", },
new { QuotationItemId = 63, ParentId = (int?)62, Description = "Product 63", },
new { QuotationItemId = 64, ParentId = (int?)62, Description = "Product 64", },
new { QuotationItemId = 65, ParentId = (int?)62, Description = "Category 65", },
new { QuotationItemId = 66, ParentId = (int?)65, Description = "Sub Category66", },
new { QuotationItemId = 67, ParentId = (int?)66, Description = "Product 67", },
new { QuotationItemId = 68, ParentId = (int?)66, Description = "Standard Rate 2", },
new { QuotationItemId = 69, ParentId = (int?)68, Description = "Product 69", },
new { QuotationItemId = 71, ParentId = (int?)57, Description = "Sub Category 71", },
new { QuotationItemId = 72, ParentId = (int?)54, Description = "Category 72", },
new { QuotationItemId = 73, ParentId = (int?)72, Description = "Sub Category73", },
new { QuotationItemId = 74, ParentId = (int?)73, Description = "Product 74", },
new { QuotationItemId = 75, ParentId = (int?)73, Description = "Product 75", },
new { QuotationItemId = 77, ParentId = (int?)null, Description = "qqqqqqqqqq", },
new { QuotationItemId = 78, ParentId = (int?)null, Description = "zzzzzz", },
new { QuotationItemId = 79, ParentId = (int?)null, Description = "Test 12345", },
new { QuotationItemId = 80, ParentId = (int?)null, Description = "456", },
new { QuotationItemId = 81, ParentId = (int?)null, Description = "tttt", },
new { QuotationItemId = 82, ParentId = (int?)null, Description = "reddddy777", },
new { QuotationItemId = 83, ParentId = (int?)null, Description = "bbbbbbbbbbbb", },
new { QuotationItemId = 84, ParentId = (int?)null, Description = "nnnnnnnnnnnnn", },
};
And, using LINQPad, the lookup works like so:
var lookup = items.ToLookup(x => x.ParentId);
lookup[58].Dump();
lookup[60].Dump();

You should note that it doesn't recurse all the way down.
If you want to recurse all the way, then you need to define a recursive function. Try this:
Func<IEnumerable<Quotation>, IEnumerable<Quotation>> recurse = null;
recurse = qs =>
{
return
qs
.Concat(
from q in qs
from q2 in recurse(lookup[q.QuotationItemId])
select q2);
};
recurse(lookup[57]).Dump();
And that gives you:

Which is what I think you're expecting.