As a simple example of this phenomenon, consider two equal (point) masses , connected by a massless rod of length . Assume it rotates about a fixed axis at an angle to the rod. First, note that since
We might also note that if the dumbbell rotates about any axis perpendicular to the rod, is parallel to .
Now lets compute the inertia tensor in two coordinate systems. Both should have the origin at the center of mass, in the middle of the rod. First, with the rod in the plane at an angle from the axis. Note that we are working in the rotating (body) frame in which the masses are at rest.
Jim Branson 2012-10-21