Lets take a closer in the formulation of Ramanujan's Master Theorem as it is written here.
If $F(x)$ is expanded in the form of Maclaurin's series $$F(x)=\sum_{n=0}^\infty\left\{(-1)^n\frac{\mathrm d^nF(x)}{\mathrm dx^n}\right\}_{x=0}\frac{(-x)^n}{n!}$$ then Ramanujan asserts that the value of $I=\int_0^\infty x^{s-1}F(x)\mathrm dx$ can be found from the coefficient of $\frac{(-x)^n}{n!}$ in the expansion of $F(x)$. Conversely Ramanujan claims that if the value of $I$ is known, then the Maclaurin's coefficient of $F(x)$ can be found.
Rephrasing the above slightly we are left with the claim that the Mellin Transform of a function which posses a MacLaurin Expansion of the aforementioned form can directly be deduced from the corresponding coefficient. The crucial point here is $-$ and I have to admit that I was not aware of this either for to long $-$ has to be in fact a MacLaurin Expansion; nothing else will work nor is allowed to be used here.
In the case of our well-known geometric series we are somewhat tricked by the assumption that we are dealing with a geometric series and not with the MacLaurin Expansion of $f(x)=\frac1{1+x}$. However, this is precisely what we are doing. It is not hard to be shown that the $n$th derivative of $f(x)$ are given explicitly by
$$f^{(n)}(x)=\frac{\mathrm d^n}{\mathrm dx^n}\frac1{1+x}=(-1)^n\frac{n!}{(1+x)^{n+1}}$$
Now, by plugging this general formula in the series from above, we get
$$F(x)=\sum_{n=0}^\infty\left\{(-1)^n\left[(-1)^n\frac{n!}{(1+x)^{n+1}}\right]\right\}_{x=0}\frac{(-x)^n}{n!}=\sum_{n=0}^\infty (-x)^n$$
So $f(x)$ fulfills the conditions to be tackeld with Ramanujan's Master Theorem hence we can actually obtain a suitable Maclaurin's series. Of course, we could also observe that
$$1-x+x^2-x^3+\cdots=\sum_{n=0}^\infty (-x)^n=\frac1{1+x}~~~|x|<1$$
Which would be our well-known geometric series. However, it is more of a coincidence rather than a general fact that two, so differently obtained series are in fact the same. I have to admit that we can deduce the radius of convergence of our MacLaurin Series and would come to the same result that $|x|<1$ but that is not of relevance since we are more interested in the structure which on the other hand is precisely prescripted.
EDIT
For myself I cannot judge the reliability of a mathematical source so I will leave this part to you. After some research I found this book Theory of Differential Equations in Engineering and Mechanics aswell as this book Ramanujan's Notebook and this article An Analogue of Ramanujan’s Master Theorem all refering to a MacLaurin Expansion instead of just a series expansion of the form[...]. Other sources only rely on the indefinite series expansion as aforementioned. However, I will hope this can perhaps clear your concerns.