diff --git a/README.md b/README.md
index bee2955fa3..1b5eafd6e7 100644
--- a/README.md
+++ b/README.md
@@ -4,13 +4,16 @@
 
 Before you begin creating an application with this `devfile` code sample, it's helpful to understand the relationship between the `devfile` and `Dockerfile` and how they contribute to your build. You can find these files at the following URLs:
 
-- [Python `devfile.yaml`](https://github.com/devfile-samples/devfile-sample-python-basic/blob/main/devfile.yaml)
-- [Python `Dockerfile`](https://github.com/devfile-samples/devfile-sample-python-basic/blob/main/docker/Dockerfile)
+- [Python Sample `devfile.yaml`](https://github.com/devfile-samples/devfile-sample-python-basic/blob/v2.0.0/devfile.yaml)
+- [Python Sample `Dockerfile`](https://github.com/devfile-samples/devfile-sample-python-basic/blob/v2.0.0/docker/Dockerfile)
+- [Parent Python Stack `devfile.yaml`](https://github.com/devfile/registry/blob/main/stacks/python/3.0.0/devfile.yaml)
 
-1. The `devfile.yaml` file has an [`image-build` component](https://github.com/devfile-samples/devfile-sample-python-basic/blob/main/devfile.yaml#L24-L30) that points to your `Dockerfile`.
-2. The [`docker/Dockerfile`](https://github.com/devfile-samples/devfile-sample-python-basic/blob/main/docker/Dockerfile) contains the instructions you need to build the code sample as a container image.
-3. The `devfile.yaml` [`kubernetes-deploy` component](https://github.com/devfile-samples/devfile-sample-python-basic/blob/main/devfile.yaml#L31-L44) points to a `deploy.yaml` file that contains instructions for deploying the built container image.
-4. The `devfile.yaml` [`deploy` command](https://github.com/devfile-samples/devfile-sample-python-basic/blob/main/devfile.yaml#L46-L59) completes the [outerloop](https://devfile.io/docs/2.2.0/innerloop-vs-outerloop) deployment phase by pointing to the `image-build` and `kubernetes-deploy` components to create your application.
+This code sample inherits the components and commands of the specified parent devfile. The sample devfile overrides and extends parts of the parent devfile, in this case parts of the `deploy` component.
+
+1. The parent `devfile.yaml` file has an [`build` component](https://github.com/devfile/registry/blob/main/stacks/python/3.0.0/devfile.yaml#L39-L45) that points to your `Dockerfile`.
+2. The [`docker/Dockerfile`](https://github.com/devfile-samples/devfile-sample-python-basic/blob/v2.0.0/docker/Dockerfile) contains the instructions you need to build the code sample as a container image.
+3. The `devfile.yaml` [`deploy` component](https://github.com/devfile-samples/devfile-sample-python-basic/blob/v2.0.0/devfile.yaml#L25-L37) overrides the parent `deploy` and points to a `deploy.yaml` file that contains instructions for deploying the built container image.
+4. The parent `devfile.yaml` [`deploy` command](https://github.com/devfile/registry/blob/main/stacks/python/3.0.0/devfile.yaml#L82-L89) completes the [outerloop](https://devfile.io/docs/2.2.0/innerloop-vs-outerloop) deployment phase by pointing to the `build` and `deploy` components to create your application.
 
 ### Additional resources