Thermodynamic stability as well as structural, electronic, and elastic properties of boron-deficient AlB$_{2}$-type tantalum diborides, which is designated as $\alpha$$-$TaB$_{2-x}$, due to the presence of vacancies at its boron sublattice are studied $via$ first-principles calculations. The results reveal that $\alpha$$-$TaB$_{2-x}$, where 0.167 $\lesssim$ $x$ $\lesssim$ 0.25, is thermodynamically stable even at absolute zero. On the other hand, the shear and Young's moduli as well as the hardness of stable $\alpha$$-$TaB$_{2-x}$ are predicted to be superior as compared to those of $\alpha$$-$TaB$_{2}$. The changes in the relative stability and also the elastic properties of $\alpha$$-$TaB$_{2-x}$ with respect to those of $\alpha$$-$TaB$_{2}$ can be explained by the competitive effect between the decrease in the number of electrons filling in the antibonding states of $\alpha$$-$TaB$_{2}$ and the increase in the number of broken bonds around the vacancies, both induced by the increase in the concentration of boron vacancies. A good agreement between our calculated lattice parameters, elastic moduli and hardness of $\alpha$$-$TaB$_{2-x}$ and the experimentally measured data of as-synthesized AlB$_{2}$-type tantalum diborides with the claimed composition of TaB$_{\thicksim2}$, available in the literature, suggests that, instead of being a line compound with a stoichiometric composition of TaB$_{2}$, AlB$_{2}$-type tantalum diboride is readily boron-deficient, and its stable composition in equilibrium may be ranging at least from TaB$_{\thicksim1.833}$ to TaB$_{\thicksim1.75}$. Furthermore, the substitution of vacancies for boron atoms in $\alpha$$-$TaB$_{2}$ is responsible for destabilization of WB$_{2}$-type tantalum diboride and orthorhombic Ta$_{2}$B$_{3}$, predicted in the previous theoretical studies to be thermodynamically stable in the Ta$-$B system, and it thus enables the interpretation of why the two compounds have never been realized in actual experiments.