How to Calculate Moment of Inertia when the Axis of Rotation does not Pass Through the Center of Mass?

The moment of inertia $$I$$ always refers to a specific axis of rotation. If the axis of rotation is changed, the moment of inertia of the rotating body also changes. It becomes larger, if you shift the rotation axis parallel by the distance $$h$$ from the center of mass axis. The moment of inertia through the center of mass axis is $$I_\text{CM}$$.